Scott R. Fryzel
Member

Innovation and adaptability in financial services and products are essential but hardly a given. With a wealth of industry experience and an innate understanding of the legal, operational, and regulatory challenges facing his clients, Scott Fryzel develops approaches and facilitates initiatives that keep them at the forefront of financial industry change.
Scott is an authority on banking and financial services, an indispensable adjunct to in-house legal and business teams, and trusted advisor to c-suite executives. He represents national and state-chartered banks, foreign banks, credit unions, fintech companies, and other financial institutions on projects involving core banking services, innovative financial products and alternative delivery channels.
Scott's unique experience imbued him with the insights and perspectives to effectively address legal, regulatory, and business concerns, with a deep appreciation of the business goals and customer service that are important to his clients.
“Being agile yet deliberate in our approach allows us to deliver the creative and innovative solutions our clients need to drive growth, while recognizing, anticipating, and mitigating legal, regulatory, and business risks or exposure.”
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- Loyola University School of Law, J.D., 1994
- Eureka College, B.A., Accounting, 1990
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Bar Admissions
- Illinois, 1994
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Recognized in The Best Lawyers in America®
- Financial Services Regulation Law, 2022-2026
- Banking and Finance Law, 2023-2026
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Named “Lawyer of the Year" by The Best Lawyers in America®
- Financial Services Regulation Law, 2025
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Named as a Thomson Reuters Stand-out Lawyer, 2025
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- In-House Counsel, BMO Harris
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- Assistant Vice President and Assistant Counsel, ABN AMRO
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- Attorney, Illinois Department of Financial and Professional Regulation
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210 Dykema Lawyers Listed in The Best Lawyers in America® 2026 and Best Lawyers “Ones to Watch”
Dykema, a leading national law firm, announced today that 210 of its attorneys, in multiple practice…

Understanding and Onboarding Third Party Relationships
Scott Fryzel will serve as a featured speaker at Smarter Faster Payments 2025 on April 30 in New…

U.S. Government Increases Scrutiny on Mexico-Related Payments Following Terrorism Designations
In response to escalating concerns surrounding cartel-related activities, the U.S. government has…