Confidentiality of bank customer financial records
LA Bank Financial Records Privacy
Financial
Bars banks and their affiliates from disclosing a customer's financial records to anyone but the customer unless the request is a disclosure demand served on both the bank and the customer with an affidavit, a written customer authorization meeting statutory requirements, or another listed exception. It functions as Louisiana's state-level financial privacy act, supplementing federal GLBA and the Right to Financial Privacy Act. Act 142 of 2026 updated the supervisory-agency definition and service rules.
- Where
- Louisiana
- Citation
- La. R.S. 6:333
- Status
- In force
- In force since
- 1985-01-01
- Last amended
- 2026-08-01
- Enforced by
- Courts (civil procedure); bank regulators
- People can sue
- No
- Penalties
- No stated civil penalty in the portions reviewed; records obtained outside the statute's procedures are subject to challenge by the customer.
- Applies to
- Banks (state and national banks, savings banks, savings and loan associations, credit card issuers, and any other business offering credit) and their affiliates, agents, and contractors
- Persons seeking customer financial records by subpoena or other disclosure demand
Practices it requires
- Do not disclose a customer's financial records to anyone other than that customer except under a compliant disclosure demand, a qualifying written authorization or waiver, or another exception in the Section.La. R.S. 6:333(B)
- Disclose under a disclosure demand only if it is served on a designated bank officer or agent and the requester certifies by affidavit that it was also personally served on each customer whose records are sought.La. R.S. 6:333(C)
Sources
- Official text
- La. R.S. 6:333 (Louisiana Legislature)
- Résumé Digest, Act 142 (HB 241) 2026 RS (Louisiana Legislature)
Checked against these sources on 2026-09-25 by research agent (Claude), primary sources.
Unverified: Only subsections A-D were reviewed; exceptions and any liability or penalty provisions later in R.S. 6:333 were not read in full. | The codified history also lists Acts 2025, No. 477, §3, eff. Oct. 1, 2027 (content not reviewed). The 2026 amendment (Act 142, eff. Aug. 1, 2026) is not yet reflected on legis.la.gov.
Research reference, not legal advice.