Department of Financial Institutions - Recent Headlines

Below you will find a list of recent press releases.  Click on the title to view the full text of the press release.

To view more headlines or archived press releases, use the pale blue navigation options on the left.

  • Financial Institutions Board to Hold Annual Meeting
    Friday, October 17, 2014
    The Board of the Kentucky Department of Financial Institutions (DFI) will meet on Monday, Oct. 20, 2014, at My Old Kentucky Home in Bardstown.
  • Beware of ‘Shellshock’ Phishing, Apply Patches to Software
    Tuesday, September 30, 2014
    Today the Financial Cybercrime Task Force of Kentucky – a work group of the Department of Financial Institutions (DFI) – alerted the financial services industry about a software vulnerability known as “Shellshock.” The Task Force also urges businesses and consumers to apply patches to software as they become available and to be wary of phishing attempts.
  • Bankers Offer Insight on Changing Regulatory Environment
    Thursday, September 25, 2014
    The Department of Financial Institutions (DFI) joins other state bank regulators and the Federal Reserve System to release Community Banking in the 21st Century: Opportunities, Challenges and Perspectives, a report that details conditions facing today’s community bankers. The report can be found at
  • Owner of Bankrupt Young Oil Company Sentenced to 33 Months
    Thursday, August 21, 2014
    The owner of bankrupt Young Oil Company was sentenced to 33 months in prison today, by Senior U.S. District Judge Thomas B. Russell, for charges included in three separate indictments including failure to file an income tax return with the Internal Revenue Service, mail fraud in connection with the solicitation of investor funds for oil drilling partnerships, securities fraud, submitting false statements for the purchase of a firearm, and for the illegal possession of a firearm by a person addicted to controlled substances announced David J. Hale, United States Attorney for the Western District of Kentucky.
  • Maysville Seniors Invited to Free Fraud Prevention Event in June
    Tuesday, June 10, 2014
    FRANKFORT, Ky. (June 9, 2014) –Senior citizens from Maysville and the surrounding area are invited to a FREE workshop on Thursday, June 19, to learn how to protect themselves from investment fraud, lending fraud, mail fraud, identity theft and scams that target seniors. Participants who register by calling 800-223-2579 will be provided with lunch, take-home materials and a chance to win door prizes.