Scott Fryzel is a member of the Firm's Financial Industry Group. He represents national and state-chartered banks, foreign banks, credit unions, fintech companies and other financial institutions in a broad array of issues from core banking services to innovative financial products and alternative delivery channels. Mr. Fryzel is distinguished in the industry for specializing in fintech initiatives such as loan programs and payment processing, treasury management services, regulatory, outsourcing, vendor and client services agreements, and trade services transactions and processing. He advises clients on regulatory compliance with respect to institutional and policy matters, including guidance on issues for directors and senior officers, and the consumer regulations of the CFPB, OCC, FDIC, and the Federal Reserve. He regularly drafts agreements for commercial and consumer deposit products, card programs, and structured deposits as well as outsourcing projects and white-label programs.

As a former bank regulator and in-house counsel, Mr. Fryzel draws upon different perspectives and over 24 years experience to successfully advise clients on legal and regulatory issues impacting financial institutions.

Bar Admissions

Illinois, 1994

Education
Loyola University School of Law, J.D., 1994 Eureka College, B.A., Accounting, 1990

• Illinois Passes Bill Prohibiting Lenders From Charging More Than 36% APR on Consumer Loans

  By Scott Fryzel |January 2021

• Considerations for Financial Institutions Regarding Security Procedures for a Remote Workforce

  By Scott Fryzel |March 2020