The announcement of Scott Jarvis’s retirement as Director of the Department of Financial Institutions (DFI) merits a public thanks.
Mr. Jarvis served this state as its chief financial services industry regulator for 11 years, including through the challenges of the “Great Recession” from 2007 to 2010. It was a stormy time for some in banking as we saw mergers and closures impact communities and individuals. With Jarvis’s leadership, DFI ably balanced the need to protect consumers while also being fair and professional with the credit unions and banks it regulates.
As a 40-year state employee, Jarvis leaves with a distinguished record of service to the citizens of Washington
(Kevin Foster-Keddie is president and CEO of Washington State Employees Credit Union)