The Office of Financial Institutions (OFI) is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana. The Office is divided into three major divisions based on general types of institutions regulated - the Depository Institutions Division, the Non-Depository Services Division, and the Securities Division.  Although the number of OFI-regulated depository institutions has decreased, the number of non-depository entities which this office regulates has increased substantially.  An overview of the last five years of activity can be seen in the accompanying table

Strategic Plan Mission
Vision   Philosophy

Contact Info 


Meet the Commissioner

John P. Ducrest, a native and resident of Broussard, Louisiana, was first appointed Commissioner of the Office of Financial Institutions on June 8, 2004, and reappointed on January 10, 2008 and February 24, 2012.  Ducrest has served as Chairman of the Conference of State Bank Supervisors from January 14, 2011 through May 21, 2012, having previously served in several leadership positions with that organization and currently serves as Immediate Past Chairman. 

Ducrest has also served on the Financial Stability Oversight Council (FSOC) since March 20, 2012.

Ducrest has been with the Office of Financial Institutions nearly 28 years. From 1985 to 1994, he was a Financial Examiner. In that role his duties included conducting safety and soundness examinations of financial institutions. In 1994, Ducrest was named Deputy Chief Examiner of OFI.

Ducrest is a 1984 graduate of the
University of Louisiana at Lafayette, with a Bachelor of Science degree in Business Administration. He is a 1994 graduate of the Graduate School of Banking at Louisiana State University. Ducrest is a Certified Public Accountant, a Certified Fraud Examiner, and a Certified Examinations Manager.

His professional affiliations include the Louisiana Society of Certified Public Accountants, the American Institute of Certified Public Accountants and the Society of Certified Fraud Examiners.

(top)