The Idaho Department of Finance (the “Department”) joined twenty-four other state financial regulatory agencies in taking collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., Plutus Lending, LLC (collectively known as “Abra”), and CEO and largest equity owner William “Bill” Barhydt for operating a cryptocurrency company without receiving the required state licensing.

The Idaho Department of Finance announces it has earned reaccreditation from the Conference of State Bank Supervisors (CSBS) for its bank and mortgage supervision programs. This recognition reaffirms the Department’s […]

Patricia Perkins, Director of the Idaho Department of Finance, is warning consumers to look closely at incoming mail that may appear to be correspondence from regulated consumer lenders but are really third-party advertisements or even scams.

We extend our heartfelt gratitude to Patricia “Patti” Perkins for her many years of dedicated service to the Idaho Department of Finance. Appointed by Governor Brad Little as Director in January 2020, Patti brought exceptional leadership and vision to the Department.