Secure Online Fax for Oregon Financial Institutions
Banks, credit unions, mortgage lenders, and investment firms across Oregon still move sensitive paperwork by fax: loan applications, wire authorizations, signature cards, and correspondence with examiners. The transmissions need to be secure and they need a record, because the Oregon Division of Financial Regulation and federal examiners expect institutions to control how customer information is sent.
Regulations & Compliance
Oregon banks and credit unions answer to the Oregon Division of Financial Regulation for state-chartered institutions, while federally chartered entities deal with the OCC and FDIC. The federal Gramm-Leach-Bliley Act sets the baseline for safeguarding customer financial information, and Oregon layers its own consumer privacy expectations on top. Faxes carrying account numbers or loan data fall under those safeguards, so encrypted transmission and retained logs matter for any examination.
Key Institutions
- • Oregon Department of Financial Institutions
- • Oregon Banking Association
- • Oregon Credit Union League
- • OR Division of Securities