Author: aaron hundt

Patricia R. Perkins, Director of the Idaho Department of Finance, Retires

Posted on | updated:

Boise, Idaho — 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. Her commitment to excellence led to significant improvements in operational efficiency and a notable increase in employee satisfaction. During her tenure, she served as Board Chair for the Conference of State Bank Supervisors (CSBS) District V, Vice Chair for the CSBS Education Foundation Board of Trustees, and was a valued member of the National Association of State Credit Union Supervisors (NASCUS) Regulator Board.


Patti’s retirement on October 3, 2025, marks the end of a remarkable chapter, and she will be deeply missed by all who had the privilege of working with her.


Governor Brad Little has appointed Salvador Cruz as the Interim Director.

View the full Press Release

Idaho Enacts “Report and Hold” Law to Strengthen Financial Protections for Seniors and Vulnerable Adults

Posted on | updated:

Idaho has enacted House Bill 182, known as the “Report and Hold” law, to help safeguard seniors and vulnerable individuals from financial fraud and exploitation. The law empowers a wide range of financial professionals — including state or federally chartered banks, savings and loan associations, credit unions, credit union service organizations, regulated lenders, collection agencies, credit counselors, debt counselors, mortgage lenders and brokers, money transmitters, escrow agencies, broker-dealers, and investment advisers licensed or registered under Idaho or federal law —to intervene when they suspect a consumer is being scammed or manipulated. These entities are defined as financial institutions under the legislation. Individuals acting on behalf of these institutions, referred to as reporting persons, are authorized to place temporary holds on suspicious transactions and report suspected exploitation without fear of liability when acting in good faith.

View the Full Press Release

Third Annual Senior Fraud & Financial Exploitation Prevention Roadshow Locations & Partners Announced

Posted on | updated:

The Idaho Department of Finance (IDOF) is excited to announce its third annual Senior Fraud and Financial Exploitation Prevention Roadshow Series. This statewide initiative brings free educational events to Idaho seniors, adult family members, and caregivers, and provides key tools and resources to prevent, recognize, and report financial crimes targeting older and vulnerable adults.

The 2025 Roadshow will once again feature in-person presentations with a strong lineup of speakers from the IDOF, Idaho Commission on Aging, AARP, Idaho Attorney General’s Office, Idaho Commission for Libraries, Cyber Idaho, and the University of Idaho’s Digital Economy Program. These organizations will share critical information, real-life scenarios, prevention strategies, and connect attendees to state and community resources dedicated to protecting Idahoans from fraud and financial exploitation in Idaho. Each event will include a meet-and-greet opportunity with presenters, light refreshments, and booths offering free educational materials. Registration is strongly encouraged and available online at https://www.eventbrite.com/cc/fraud-and-senior-financial-exploitation-prevention-3398219

View the full Press Release

Idaho Department of Finance Partners with Idaho Scam Jam Alliance for Fall Events

Posted on | updated:

The Idaho Department of Finance, in partnership with the Idaho Scam Jam Alliance, is excited to announce a series of in-person and virtual educational events to help Idahoans learn how to prevent, identify, and report financial fraud and scams.


Virtual Scam Jam Events take place on September 10th and 17th from 10 a.m. to 12 p.m. These virtual events will offer expert speakers from the Idaho Department of Finance, AARP, Idaho Attorney General’s Office, Boise PD, FTC, and more who will speak on the sophisticated tactics con-artists are using while providing the tools and resources needed to identify and report scams. The virtual presentations are designed to be interactive, encouraging attendee participation, questions, and comments. Register online at https://events.aarp.org/IDVirtualScamJam25 or call 877-926-8300. Both days will offer a diverse mix of valuable topics and speakers.

View the full Press Release