DFPI News
Thinking of starting a business?
Starting your own business may seem challenging, but it’s an exciting and achievable dream. Follow our guide and you’ll be well on your way.
7 tips for first-time homebuyers
Buying your first home can be exciting—and stressful. In the homebuying process, many financial questions are sure to arise. Follow these tips to get started.
P2P payment scams are on the rise
Use Venmo or PayPal? Read this to learn how to protect yourself.
July 2024 Monthly Bulletin
- Myriam Valdez-Singh Appointed DFPI Deputy Commissioner for Legislation
- Jerry Twomey Selected DFPI Deputy Commissioner for BDIA
- 2024-25 Assessment Rates for Credit Unions and Money Transmitters
Website bluelawnassetmanagement.com and www.blassetmanagement.com are Fraudulently Posing as a California-licensed Investment Adviser
The DFPI has received information that the website bluelawnassetmanagement.com is fraudulently marketing itself as a licensed investment adviser.
DFPI Revokes Finance Lending License of Synapse Credit LLC
The California Department of Financial Protection and Innovation (DFPI) announced an order revoking the California Financing Law license of Synapse Credit LLC (Synapse Credit).
Patelco Credit Union Cyberattack
DFPI has been made aware that Patelco Credit Union was subjected to a ransomware attack on June 29. Patelco branch offices and its call center are open to provide member services.
Silvergate to Pay $63 Million in Combined Penalties Following Coordinated Investigations by DFPI, Federal Partners
The DFPI announced today it has entered into a consent order as part of a combined $63 million penalty against La Jolla-based Silvergate Bank and its holding company.
June Consumer Connection
- 6 steps to investing wisely
- Breaking barriers, building wealth: navigating economic mobility
- Advancing equality for the LGBTQ+ community
6 steps to investing wisely
Long-term investing is one of the best ways to build wealth. To achieve goals such as saving enough for retirement, you must invest wisely. Follow these six steps to begin.
Advancing equality for the LGBTQ+ community
During Pride Month, we celebrate the extraordinary courage and contributions of Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ+) communities. Learn about the great work our community partners are doing with LGBTQ+ communities across California.
Romance Scams: What consumers need to know
The best way to thwart love scammers is to be clear-eyed about the ways they steal your heart, and your wallet.
Breaking Barriers, Building Wealth: Navigating Economic Mobility
Juneteenth, a day of freedom and remembrance for African Americans, serves as a poignant reminder of the enduring struggle for economic mobility and empowerment in the United States.
June 2024 Monthly Bulletin
- DFPI Launches Student Loan Empowerment Network
- US House Financial Services Committee Visit
- Bankers Association of the Republic of China (Taiwan) Delegation visit
DFPI Cautions on Apps Offering Unqualified Securities
The DFPI has issued orders for violations of California securities laws against companies that offer unregistered securities to the public through smartphone apps available for download from app stores. The DFPI has posted a new consumer brochure on the topic.