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.  For an overview of the last five years of activity click here.

Strategic Plan   Mission
Vision   Philosophy

Contact Info

John Ducrest
Office of Financial Institutions

  John P. Ducrest, a native and resident of Broussard, Louisiana, was first appointed as Commissioner of the Office of Financial Institutions on June 8, 2004, and subsequently reappointed on January 10, 2008 and February 24, 2012. On February 2, 2016, Ducrest was reappointed by Governor John Bel Edwards to serve another four year term as Commissioner. Ducrest has served as Chairman of the Conference of State Bank Supervisors (CSBS) from January 14, 2011 through May 21, 2012, having previously served in several leadership positions with that organization. Ducrest served on the Financial Stability Oversight Council (FSOC) from March 2012 through September 2016. Additionally, since May 2017 he has served as Chairman of the State Regulatory Registry (SRR), a subsidiary of CSBS which owns and operates the Nationwide Multistate Licensing System.

Ducrest has been with the Office of Financial Institutions for 35 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.