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Mr. Brad Williamson

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    seattle.bizjournals.com/seattle/stories/2008/11/17/stor - [Cached Version]
    Published on: 11/14/2008    Last Visited: 11/14/2008  

    But their heavy construction lending has hit them hard in the wake of the housing slowdown, said Brad Williamson, director of the Division of Banks at the Washington State Department of Financial Institutions, which regulates state banks.

    "I'd say this is the highest number we've had," said Williamson.

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    www.csbs.org/AM/Template.cfm?Section=Home&TEMPLATE=/CM/ - [Cached Version]
    Published on: 5/23/2008    Last Visited: 11/9/2008  

    Chairman, CSBS Regulatory Committee: Brad Williamson, Director, Washington Division of Banks

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    www.seattlebusinessmonthly.com/ME2/Audiences/dirmod.asp - [Cached Version]
    Last Visited: 11/23/2007  

    "I would never say that we approve a charter for any bank with bad management, obviously, but in the case of Fortune Bank, I would say they had particularly capable management," explains Brad Williamson, director of the Washington State Department of Financial Institution's Division of Banks, which oversees all banks that are chartered with the state.
    ...
    "Fortune Bank raised a lot of capital, and raised it with ease," Williamson says.

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    seattlepi.nwsource.com/business/352269_banking22.html - [Cached Version]
    Last Visited: 2/22/2008  

    The issue is complicated, though, because financial institutions still need to make money, said Brad Williamson, the director of the division of banks at the state's Department of Financial Institutions, which is also sponsoring the King County initiative.He said banks need to provide a set of services that are useful to people who have never been in the banking system but also are "not so much of a loss experience that private banks and credit unions aren't willing to be involved."

    "We want enough banks to be involved in enough locations that any unbanked person who wants an account will be able to find a financial institution close by where they can get one," Williamson said.

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    www.wib.org/conferences__education/past_programs/2008_m - [Cached Version]
    Published on: 1/1/2008    Last Visited: 11/13/2008  

    Guest speaker: Brad Williamson, Director, Division of Banks, Washington DFI.

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    seattle.bizjournals.com/seattle/stories/2007/04/02/stor - [Cached Version]
    Published on: 3/30/2007    Last Visited: 12/17/2007  

    "Any time something is coming in (to banks) remotely, there's always the risk that there could be a breach," said Brad Williamson, director of the banking division at the state Department of Financial Institutions.

    Dubbed "remote deposit capture," the technology spares businesses a trip to the bank by letting them scan the checks they receive into a computer, and then deposit them online.A number of community banks have adopted the technology, including Everett's Cascade Bank and Bellevue-based First Mutual Bank, with hopes it will help attract more business customers and give the banks a low-cost way to expand their geographic footprint.

    However, the technology does carry risk.Traditionally, the storage and handling of checks have been the responsibility of banks.Oftentimes, small businesses "aren't completely aware of all the different banking laws," Williamson said.

    When businesses take over, it increases the risk that those checks could be stolen and used to create fake checks.Those checks could then be made out for large sums and deposited with the bank, leaving it vulnerable to losses.

    For businesses, Williamson said the most critical component is being sure the checks are stored and destroyed properly.
    ...
    The DFI's new program adds "a few hours" to the examination process, Williamson said.

    So far, Williamson said the vast majority of banks have been in compliance.Williamson said no specific penalties have been outlined, and that the most likely recourse would be requiring banks to bolster their process, outlining the issues for them to correct.

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    birmingham.bizjournals.com/birmingham/othercities/seatt - [Cached Version]
    Published on: 5/25/2007    Last Visited: 5/30/2007  

    Federal Deposit Insurance Corp., Homestone Mortgage Inc., HomeStreet Bank, Keystone Mortgage, Brad Williamson, Keith Tibbles, Ernie Gehre,
    ...
    Golf Savings Bank, Pacific Crest Savings Bank and Seattle Savings Bank were all originally mortgage institutions, according to Brad Williamson, director of the banking division at the state Department of Financial Institutions.

    "It's probably more common here than anywhere else," Williamson said.

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    seattle.bizjournals.com/seattle/stories/2007/12/17/stor - [Cached Version]
    Published on: 12/14/2007    Last Visited: 12/15/2007  

    To be sure, the Puget Sound area is bursting with new banks, and clients with great credit and good prospects still "have banks lined up at the door," said Brad Williamson, director of the division of banks at the state Department of Financial Institutions, which regulates state-chartered banks.The local economy and housing market also are faring better here than nationally.

    But businesses that might have found funding easily a few months ago are discovering how much things have changed, and how quickly.

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    www.wcu-news.org/index.php?CURRENT_PAGE_ID=1187 - [Cached Version]
    Published on: 4/1/2007    Last Visited: 8/24/2008  

    --Brad Williamson, Director, Division of Banks, DFI

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    www.latinoperspective.com/seattlearea.html - [Cached Version]
    Published on: 10/18/2006    Last Visited: 12/22/2007  

    Speeches from the Governor's office: Linda Villegas-Bremer, Director of the Washington State Department of General Administration and Brad Williamson, Director of the Division of Banks at the Department of Financial Institutions
    ...
    Brad Williamson, director of the Division of Banks at the Washington State Department of Financial Institutions, gave his speech in Spanish.Later he noted, "This is one of the best attended grand openings I've seen.

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