New Business Formation in Wisconsin
Up 11.9% over Prior Year

MADISON – The number of new business entities formed in Wisconsin through April stood at 13,006, an increase of 11.9% compared to the first four months of 2011, according to data released today by the Wisconsin Department of Financial Institutions (DFI).

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Wisconsin credit unions show 1Q growth
in net income, assets, ROA

MADISON – Wisconsin’s state-chartered credit unions showed increases in net income, total assets and ROA in the first quarter of 2012, according to data compiled by the Wisconsin Department of Financial Institutions (DFI).

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Green Bay Packers Wide Receiver Greg Jennings, Rep. Duffy, Rep. Ribble and Visa Inc. Collaborate to Showcase Financial Football

Pictured in the photo left to right:
Alejo Torres, Chicago FED; Greg Jennings, GB Packers; Ray Allen, Deputy Secretary DFI; Tiffany Butler, Chicago FED

Green Bay, WI – April 11, 2012 – Tackling head on the issue of financial literacy improvement among Wisconsin teens, Green Bay Packers Wide Receiver Greg Jennings joined US Congressman Sean Duffy, US Congressman Reid Ribble, Alejo Torres of the Federal Reserve Bank of Chicago and Visa Inc. today. They announced a statewide effort to improve the money management skills of high school and middle school students. This free educational video game and classroom curriculum, called Financial Football, was developed by Visa Inc.

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First Lady makes presentation
of financial literacy proclamations

First Lady Tonette Walker and the Department of Financial Institutions (DFI) hosted a ceremony on April 16 at which five organizations received proclamations from Governor Scott Walker recognizing them for their efforts in promoting financial literacy during April. Honored were:

• Wisconsin Jump$tart Coalition for Personal Financial Literacy for its activities during Financial Literacy for Youth Month.
• Community Bankers of Wisconsin (CBW) for Community Banking Month.
• The Wisconsin Credit Union League (WCUL) for Credit Union Youth Week, April 22-28.
• CBM Credit Education Foundation for National Credit Education Week, April 15-21.
• Wisconsin Bankers Association (WBA) for National Teach Children to Save Day, April 24.

Representatives from the organizations posed for a photograph with the First Lady following the presentations. Pictured from left are Sara Baker, consumer loan office at Ladysmith Federal Savings and Loan; Paul Hoffmann, president and CEO of Monona State Bank and WBA chairman-elect; Amber Hartl, WBA communications coordinator; Chad Helminak, WCUL media relations manager; James Tubbs, president of the State Bank of Cross Plains and CBW chairman; Rose Oswald Poels, WBA president; Daryll Lund, CBW president and CEO; David Mancl, director of DFI’s Office of Financial Literacy; Ray Allen, DFI deputy secretary; Robert Gorsuch, chairman and CEO of Oak Bank; William Wilcox, president of CBM Credit Education Foundation; Paul Kurth, marketing manager of Central City Credit Union; DFI Secretary Peter Bildsten; First Lady Tonette Walker; Michael Semmann, WBA vice president of government relations and communications; Mike Mach, administrator of DFI’s Division of Banking; and Eric Knight, DFI executive assistant.