Confidentiality of Financial Institution Books and Records

Florida Bank Records Confidentiality Law

Financial

Makes a Florida financial institution's books and records confidential and requires records of customers' trust accounts, deposits, and loans to be released only with the account holder's express authorization, subject to listed exceptions such as subpoenas, regulators, credit reporting, and disclosures allowed under the Gramm-Leach-Bliley Act.

Where: Florida
Citation: Fla. Stat. 655.059
Status: In force
Last amended: 2020-07-01
Enforced by: Florida Office of Financial Regulation; state attorneys
People can sue: No
Penalties: Willful unlawful disclosure of confidential information is a third-degree felony.
Applies to: State-chartered financial institutions (banks, trust companies, credit unions, and similar) and their directors, officers, and employees (655.059)

Rights it gives people

Depositors, borrowers, members, and stockholders may inspect records about their own loans, accounts, or voting rights.Fla. Stat. 655.059(2)(a)

Practices it requires

Keep records of customers' trust accounts, deposit accounts, and loans confidential, and release them only with the account holder's express authorization, except as the statute allows.Fla. Stat. 655.059(2)(b)

Other duties

Exceptions include regulators, court or legislative subpoenas, law-enforcement subpoenas, board-authorized credit information, affiliate sharing with confidentiality duties, and disclosures authorized by 15 U.S.C. 6802.Fla. Stat. 655.059(1)(a)-(i), (2)(b)

Sources

Checked against these sources on 2026-09-25 by research agent (Claude), primary sources.

Unverified: The subsection number of the felony penalty provision (the last paragraph before the history note) was not pinned down.

Research reference, not legal advice.