Department of Financial Institutions

Gov. Evers Proclaims April as “ABLE to Save” Month in Wisconsin

Gov. Evers Honors the 2025 Governors Financial Literacy Award Recipients

Gov. Evers Takes Action on Dozens Of Bills

Attorney General Kaul Sues OneMain Financial for Alleged Bait and Switch Lending Scheme Involving Hidden Add-on Products

13 States Seek Hundreds of Millions of Dollars in Restitution, Penalties; Ask the Court to End the Allegedly Unlawful Conduct

Evers Administration to Celebrate Womens History Month With Cabinet Panel Series

Events in Green Bay and Milwaukee to Highlight Future of Wisconsin’s Economy, Workforce, and Thriving Communities

Wisconsin Legislators Debate Crypto ‘Staking’ Investments

Should it be legal? Backers cite possible gains. Bankers warn of fraud, consumer risks.

Wisconsins State-Chartered Credit Unions Report Sound Year-End 2025 Financial Performance

DWD and DFI Celebrate Career and Technical Education Month in Wisconsin

Assembly GOP Proposes $1,000 State Match for ‘Trump Accounts’

Federal government puts $1,000 into an account for babies born after Jan. 1, 2025.

Money Smart Wisconsin Scholarship Contest Opens Today

Mike White’s Shadowy Role with Summerfest

Co-manager of Summerfest’s private company can’t explain what he does.

Wisconsin’s State Building Footprint Has Shrunk by 10%

All since 2021. Should that continue? Candidates for governor weigh in.

2025 Wrap Up: Gov. Evers Highlights 2025 Accomplishments

Bipartisan Proposal Would Cap Payday Loan Interest in Wisconsin

State report found some payday lenders charge as much as 850% interest.

News Release – Wisconsins State-Chartered Credit Unions Report Sound Third-Quarter Financial Performance

Wisconsins State-Chartered Banks Report Sound Third-Quarter Financial Performance

Giving Tuesday: Protect Your Charitable Donations

Gov. Evers Proclaims National Scholarship Month in Wisconsin

Edvest 529 Offers Holiday Bonus for Families Saving for Education

Gov. Evers Proclaims Wisconsin Saves Day

Gov. Evers Proclaims Financial Planning Month in Wisconsin

Planning for the Unexpected Can Help Protect Future Financial Needs

2025 Governor’s Financial Literacy Award Nominations Open Today

Awards Recognize Individuals & Organizations for Excellence in Increasing Financial Literacy, Capability, and Inclusion Among Wisconsin Residents

Gov. Evers, DFI, and HEAB Encourage Wisconsinites to Complete the Free Application for Federal Student Aid (FAFSA) During FAFSA Filing Month in Wisconsin

Wisconsin DOJ and DFI Announce Final Judgment Against Precious Metals Firm that Defrauded Elderly Adults

Sweet Investment Opportunity, or Scam?

Senate Approves Four Hutton Bills

Each reduces barriers and cuts red tape for Wisconsin citizens

Latino Chamber Announces 10th Wisconsin Latino Economic Unsummit, Sept. 25–26

Awards Reception to honor CIBC Bank, Froedtert ThedaCare Health Inc, WEDC, Racine County, UNIDOS (Milwaukee Bucks ERG), and the Wisconsin Department of Administration; Keynotes by Lt. Governor Sara Rodriguez and DFI Secretary-designee Wendy K. Baumann

Datcp Launches Consumer Protection Outreach Toolkits

Gov. Evers, Dfi Celebrate College Savings Month, Highlight Benefits of Wisconsin’s 529 College Savings Program 

College Savings Month Kicks-off in Wisconsin With Edvest 529

Wisconsin’s State-chartered Banks Report Sound Second-quarter Financial Performance

New Restrictions on Bitcoin ATMs in Wisconsin Aim To Limit Harm of Crypto Scams

Reports of crypto scams are up 99% since 2023.

Edvest 529 Plan Reaches $6 Billion in Assets

Plan Lowers Program Management Fee

Committee advances file for city support of WIN bill

Sen. Drake and Rivera-Wagner Introduce the WIN Bill to Establish the Office of Financial Technology Innovation to Provide Crypto-Currency Education for Entrepreneurs & Small Businesses, and Protect Consumers

Wisconsin’s State-Chartered Credit Unions Report Sound First-Quarter Financial Performance

Wisconsin’s State-Chartered Banks Report Sound First-Quarter Financial Performance

Welcome Back, Tripoli Country Club!

Dropping its recent name of University Club and going back to the old one.

Gov. Evers Proclaims 529 College Savings Plan Day in Wisconsin

DSPS Puts Focus on Affordable Housing

Gov. Evers, DWD Announce Record-High Enrollment for Youth Apprentices for Fourth Year in a Row on National Apprenticeship Day During 2025 the Year of the Kid

A record 11,344 high school juniors and seniors enrolled in the state’s Youth Apprenticeship program

Gov. Evers, DFI Highlight New Promotion with Edvest 529 for Wisconsinites to Start Saving for Their Future Education During 2025 NFL Draft

Wisconsinites who open an Edvest 529 college savings account with a $25 initial deposit during the NFL Draft will receive a $25 bonus

Gov. Evers Proclaims Money Smart Wisconsin Week

Gov. Evers Proclaims April as “ABLE to Save” Month in Wisconsin

Wisconsin DFI Reaches Final Agreement with Sigue Corp., Affected Customers Eligible for Refunds

Wisconsin’s State-Chartered Credit Unions Report Sound Year-End 2024 Financial Performance

Wisconsin’s State-Chartered Banks Report Sound Year-End 2024 Financial Performance

Hartford Man Sentenced to Prison for Stealing Employees’ 401(k) Funds

Senator Drake and Representative Goodwin to Introduce Legislation to Increase Technological Innovation and Provide Crypto-Currency Education for Entrepreneurs & Small Businesses

Save for Future Education Expenses with Edvest 529, Wisconsin’s Direct-Sold College Savings Plan, and its Triple Tax Benefits

The deadline for Wisconsin taxpayers to contribute to an Edvest 529 account is April 15, 2025, to be eligible for the 2024 state income tax deduction.

Gov. Evers Announces DFI Secretary Cheryll Olson-Collins to Retire, Wendy Baumann To Lead Agency

Wendy Baumann, former WWBIC head, appointed to lead Department of Financial Institutions.

Wisconsin Joins $106 Million Multi-State Settlement with Vanguard over Big Tax Bills, Remediation to Investors

Wisconsin Joins $80 Million Enforcement Action Against Block, Inc., Cash App for Bank Secrecy Act & Anti-Money Laundering Violations

Money Smart Wisconsin Scholarship Contest Opens Today

Wisconsin Joins $17 Million Multi-State Enforcement Settlement with Edward Jones

Multi-State Working Group Finds Supervisory Failures with Respect to Class A Mutual Fund Shares

Wisconsin Joins States in Levying $20 Million Penalty Against Nation’s Largest Nonbank Mortgage Servicing Company

San Felippo Served As President of Summerfest’s Private Company

As more evidence of his role emerges neither he nor Summerfest will comment.

Wisconsin Collection Agency, Currency Exchange, Insurance Premium Finance Company, & Loan Company Licenses Transitioning to Nationwide Multistate Licensing System & Registry in 2025

Fox Point Man Sentenced to 24 Months’ Imprisonment for Investment Fraud Scheme

Wisconsin’s State-Chartered Credit Unions Report Sound Third-Quarter Financial Performance

Wisconsin’s State-Chartered Banks Report Sound Third-Quarter Financial Performance

Does Summerfest Get Special Treatment?

Its bar license owned by private company never gets a thorough review by the city.

Gov. Evers, Wisconsin DFI & HEAB Encourage Wisconsinites to Complete a Free Application for Federal Student Aid (FAFSA®) During National FAFSA® Filing Month in December

Giving Tuesday: Protect Your Charitable Donations

ArchWell Health Opening Three Senior-Focused Clinics in Milwaukee

Tennessee-based health care provider plans to transform three vacant commercial spaces.

The Holiday Gift That Can Last a Lifetime

Light up your child’s face (and their college savings) this year

Kristie Pulvermacher Appointed DFI Division of Corporate and Consumer Services Administrator

Gov. Evers, DWD Announce Third Consecutive Year of Record-High Number of Registered Apprentices

A record 17,089 apprentices to participate in state program to ‘earn while they learn,’ third consecutive year of record-high number of registered apprentices

Gov. Evers Proclaims Wisconsin Saves Day

Committee Discusses Separating UW-Madison From Rest of System

Part of larger discussion about future of system, including funding.

Despite Evers Appointing Her Replacement, A Walker Appointee Won’t Step Down

Georgia Maxwell's term on the labor and industry commission expired in March 2023.

Gov. Evers Proclaims Financial Planning Month in Wisconsin

Why Does Summerfest Run a Private Company?

Its managers Ron San Felippo and Mike White can't explain it. And Summerfest won't say. Third story of investigative series.

2024 Governor’s Financial Literacy Award Nominations Open Today

Awards Recognize Individuals & Organizations for Excellence in Increasing Financial Literacy, Capability, and Inclusion Among Wisconsin Residents

Did Harbor Commissioner Have Conflict of Interest?

Ron San Felippo has for many years been managing a private company for Summerfest.

New Effort Seeks to Prevent Financial Abuse Against the Elderly

In 2022, senior citizens in Wisconsin lost more than $43 million from scams, abuse. 

Celebrate College Savings Month with a $50 Bonus from the Edvest 529 College Savings Plan

Qualify for the bonus from Sept. 9 – 27, 2024

AG Kaul Announces Judgment in Connection with Business Certificate Scam; Court Order Includes $2.8 Million Penalty and Refunds for Over 7,000 Wisconsin Businesses

Wisconsin DFI Celebrates National ABLE Savings Day

Wisconsin DFI Launches Investment Scam Tracker to Help the Public Spot Financial Investment Scams

Gov. Evers, Wisconsin DFI & HEAB Encourage Wisconsinites to Complete a Free Application for Federal Student Aid (FAFSA®) During National FAFSA® Week of Action, April 15-19, 2024

Statement of Rep. Jerry O’Connor on Gov. Evers Signing the Money Transmission Modernization Act into Law

North Shore Bank President and CEO Jay McKenna Appointed by Governor Evers to Banking Review Board

Gov. Evers Proclaims Money Smart Wisconsin Week

Gov. Evers Signs Legislation to Support Holocaust Education, Expand Emergency Detention and Urgent Crisis Care Facilities Statewide

Join DFI, DATCP, and Savi for a Student Loan Repayment Webinar on April 9

Learn How to Avoid Scams, Use Free Repayment Tools, and Save Money

Wisconsin DFI Orders Sigue Corp. to Cease Money Transmission Activities

Sigue Corp. Failed to Satisfy Outstanding Money Transmission Liabilities, Violating State Law

Attorney General Kaul Joins FTC in Taking Action Against Allegedly Fraudulent Charity for Deceiving Donors

Complaint charges Women’s Cancer Fund and Gregory Anderson with raising more than $18 million from donors, with only 1% going to financial support for cancer patients

Bipartisan Bills Reform Payday Loans

Average annual interest rate for payday loans in Wisconsin topped 850% in 2022.

2023 Roundup: Gov. Evers Highlights 2023 Accomplishments

DWD Equal Rights Case Portal Adopts MyWisconsin ID

State Officials Warn Against Charity Scams

Imposter scams are the most common, costing people billions nationally.

Evers Email Issue Pales Compared to Walker

Both as county exec and governor, Scott Walker systematically evaded public scrutiny.

Giving Tuesday: DATCP and DFI Promote Charity Fraud Awareness

Make Holiday Gifting This Year Quick, Easy, and Lasting with Edvest 529

Edvest 529 Announces $50 or $100 Bonus Promotion for new accounts opened between Nov. 20 – Dec. 8, 2023

Wisconsin Joins U.S. and Canadian Securities Regulators in Issuing an Order Against GSPartners in Alleged Global Fraud Scheme

Wisconsin’s Action Alleges Fraud Tied to Sales of Investments Through a Metaverse and Metacertificates

Gov. Evers, DWD Announce All-Time Record-High Number of Registered Apprentices in Program’s 112-Year History

A record 16,384 apprentices to participate in state program to ‘earn while they learn’

FTC and Wisconsin Take Action Against Rhinelander Auto Center for Illegally Discriminating Against American Indian Customers and Charging Unlawful Junk Fees

Current and former owners agree to settlements that will stop unlawful actions, return $1.1 million for consumer refunds

America Saves Presents DFI with 2023 Savings Champion Award

Gov. Evers Proclaims 529 College Savings Plan Day