Financial Privacy Act
OK Financial Privacy Act
Financial · Government records
Protects the confidentiality of bank and credit union customer records against disclosure to Oklahoma government authorities. An institution may release a customer's records to state government only with the customer's written consent for the specific record or in response to a lawful subpoena, and the customer must receive a copy and may move to quash. A 2026 amendment (SB 2067, effective November 1, 2026) adds a disclosure exception for reporting suspected financial exploitation of protected adults.
- Where
- Oklahoma
- Citation
- 6 O.S. §§ 2201-2208
- Status
- In force
- Last amended
- 2026-11-01
- Enforced by
- Courts (customer motions to quash); supervisory agencies
- People can sue
- Limited
- Penalties
- No civil penalty specified; the customer's remedy is notice and a 14-day right to move to quash a subpoena.
- Applies to
- Banks, savings banks, savings and loan and building and loan associations, and credit unions located in Oklahoma
- State government authorities seeking customer financial records
What a privacy notice must say
- The subpoena must be served on or mailed to the customer by the date it is served on the institution; the customer has 14 days to move to quash.6 O.S. § 2204(B)-(C) · Only if: Not required for litigation or adjudicatory proceedings in which the customer is a party, or for multicounty grand jury subpoenas
Practices it requires
- Do not give, release, or disclose any financial record to a government authority without the customer's written consent for the specific record or service of a subpoena authorized by law.6 O.S. § 2203
- While a motion to quash may be filed or is pending, provide the customer a copy of the records sought and preserve the originals unaltered.6 O.S. § 2204(F)
Other duties
- Disclosure is permitted to supervisory agencies, to other financial institutions for regular business purposes, for debt collection and security interests, and to report possible violations of law.6 O.S. § 2205(A)-(C)
- Disclosures required by the new protected-adult financial exploitation reporting law are not barred by the act.6 O.S. § 2205(E) (Laws 2026, c. 212, SB 2067) · From 2026-11-01
Sources
- Official text
- Oklahoma Statutes Title 6 (complete title PDF, Oklahoma Legislature), §§ 2201-2208
- Laws 2026, c. 212 (SB 2067), Financial privacy, approved May 6, 2026, effective Nov. 1, 2026 (OSCN)
Checked against these sources on 2026-09-25 by research agent (Claude), primary sources.
Unverified: effective_date left null: the act was added by Laws 1979, c. 191, and the compiled statute gives no effective date. | Sections 2207-2208 (search warrants; certification of compliance and immunity) were seen only in the title table of contents.
Research reference, not legal advice.