The firm represents banks and similar financial institutions in two main areas. The firm provides counsel to financial institutions concerning issues related to the deposit side of the institution, including legal issues in administering deposit accounts, documentation of deposit accounts and assistance with regulatory and compliance issues, including deposit insurance coverage, Truth in Savings, funds availability, and the Bank Secrecy Act.
The firm also represents banks in commercial litigation matters. Since 1994, Francis & Totusek has regularly represented financial institutions in regard to breaches of loan agreements and the collection of amounts owed under these agreements. The firm has years of experience and knowledge in the collections of judgments against debtors and the legal processes available in Texas to judgment creditors. The firm also represents financial institutions in real property foreclosure matters, including non-judicial and home equity foreclosures.