Joseph Yesutis practices primarily in banking and financial services regulation. Mr. Yesutis provides counsel to both depository and non-depository financial institutions, as well as their holding companies and other affiliates, in the areas of regulatory compliance, electronic commerce and mergers and acquisitions. Among other things, Mr. Yesutis provides routine counsel to banks, brokers and insurance companies on a broad range of issues relevant to the purchase, surrender and on-going management of bank-owned life insurance (BOLI).
Mr. Yesutis also focuses extensively on the development and delivery of consumer financial products and services. He advises both regulated and nonregulated entities on matters critical to traditional and nontraditional product offerings, including retail and wholesale payment systems (e.g., credit, debit and other stored-value products), financial privacy and anti-money laundering and security concerns under the USA PATRIOT Act. Joe Yesutis received his undergraduate degree, magna cum laude, from Harvard College in 1989. Mr. Yesutis received his J.D. from Tulane University Law School in 1994.
- Represented multiple national health insurers in the development of card-based products for use in conjunction with health benefit plans (HSAs, HRAs, FSAs).
- Counsel to multiple banks in their implementation of BOLI programs (purchases ranging from $40 million to $1-plus billion).
- Represented a national insurance company in one of the first acquisitions of a depository institution by an insurance company under the Gramm-Leach-Bliley Act.