The Idaho Department of Finance (Department), with the cooperation of Trust and Estate Services Company of Idaho d/b/a TrESCo of Idaho (TrESCo), issued a Consent Order requiring TrESCo to comply with the statutory requirements of the Idaho Trust Institutions Act and no longer engage in unauthorized trust activity in Idaho. TrESCo agreed to either obtain a trust charter from the Department or remove itself as trustee or agent for all accounts that constitute unauthorized trust activity.

As we kick off Financial Literacy Month, the Idaho Department of Finance is proud to feature a prominent Idaho coalition that works diligently to promote Financial Literacy across the state…. the Idaho Financial Literacy Coalition (IFLC)!

The Idaho Department of Finance (IDOF) urges Idaho consumers to exercise heightened caution when purchasing cars, recreational vehicles, farm equipment, and other high-dollar items online. IDOF recently received several reports from victims of online purchase scams that risked losing thousands of dollars due to being lured into purchasing from a phony website or fake ads in various online marketplaces.

Alternative Investments are investments such as art, collectibles, real estate, private equity, venture capital, and commodities that do not fall into traditional categories such as stocks, bonds, or cash.