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MADISON – The number of new business entities formed in Wisconsin in the first four months of 2015 grew by 4.1% compared to same period in 2014, according to data compiled by the Department of Financial Institutions (DFI). As of April 30, 2015, new business filings totaled 14,669, compared to 14,093 in same period in 2014.
The business formation data is compiled by DFI, which is the filing office for the creation of business entities in the state. DFI tracks new business entity creation on a monthly basis and posts the data on its website.
The full report may be found at www.wdfi.org/corporations/HistoricalStatistics.htm.
MADISON – Net income jumped by 21.6% and lending grew by 10.7% at Wisconsin’s 156 state-chartered credit unions in the first quarter of 2015 compared to the prior year, according to data released today by the Department of Financial Institutions (DFI).
"State-chartered credit unions had a very solid start to 2015," DFI Secretary Ray Allen said. "Many of the key indicators by which credit unions measure success are in very good shape. Credit unions are in great position to continue to help the Wisconsin economy grow by providing consumers and businesses the products and services they need to prosper."
The full press release may be found at www.wdfi.org/Newsroom/Press.
MADISON – DFI Secretary Ray Allen participated in a "Big Read" event at Belleville Elementary School on April 23 as part of Money Smart Week Wisconsin. Allen is shown speaking to Pre-K through 1st graders about the importance of knowing about money. At the event, the students were read the book "Alexander, Who Used to be Rich Last Sunday." More than 200 students received a complimentary copy of the book. Money Smart Week Wisconsin is one of the highlights of the celebration of National Financial Literacy Awareness Month, which is April.
MADISON – DFI Secretary Ray Allen, right, presented a proclamation from Governor Walker to the Wisconsin Credit Union League to commemorate Credit Union Youth Month, which is celebrated in April. The League and its members are very active in their support of financial literacy efforts year-round, and especially during April, which is National Financial Literacy Awareness Month. Accepting the proclamation on behalf of the League was Brett Thompson, President and CEO.