The Wisconsin Department of Financial Institutions (DFI) Secretary Cheryll Olson-Collins, a native of Portage, Wis., spent more than two decades in the private-sector banking industry before joining the State of Wisconsin in 2007. She began her banking career with the First National Bank of Portage. She later joined Associated Bank and over a period of 20 years served in a variety of leadership positions, including ten years as the community bank’s president in charge of 14 branches.
In 2007, Olson-Collins began her service to the State of Wisconsin as the administrator for the DFI’s Division of Corporate and Consumer Services. In 2011, she became the administrator for the agency’s Division of Administrative Services and Technology, a position she held for more than three years. In May 2015, she became the deputy administrator for the DFI’s Division of Banking and was later appointed to be the administrator for the Division of Banking in May 2016. Olson-Collins most recently served as the DFI's deputy secretary from January 2019 until being appointed by Governor Tony Evers to serve as the agency's secretary in January 2022. Following Governor Evers' re-election in November 2022, Olson-Collins was re-appointed to serve as the agency's secretary in January 2023 and was confirmed by the Wisconsin senate on March 12, 2024.
Olson-Collins earned her bachelor’s degree from the University of Wisconsin-Madison and is a graduate of the University of Wisconsin School of Banking. She has been active in a variety of civic organizations.
Contact Us
Phone: (608) 264-7800
Email: DFISecretary@dfi.wisconsin.gov
Mailing Address:
Wisconsin Department of Financial Institutions
Office of the Secretary
PO Box 8861
Madison, WI 53708-8861
Physical Address:
Wisconsin Department of Financial Institutions
Office of the Secretary
4822 Madison Yards Way, North Tower
Madison, WI 53705