Governor honors recipients of Financial Literacy Award,
issues Money Smart Week proclamation

MADISON – Governor Scott Walker hosted a ceremony at the Capitol on Thursday, Feb. 2, to honor the 17 winners of the 2011 Wisconsin Financial Literacy Award. As part of the ceremony, Governor Walker also issued a proclamation declaring April 21-28 as Money Smart Week in Wisconsin. Money Smart Week is a statewide collaborative effort that includes hundreds of business and civic partners and touches the lives of thousands of Wisconsin citizens. Thirteen members of the Governor’s Council on Financial Literacy attended the awards ceremony.

Joining the Governor for the proclamation were, first row from left to right: Rita O'Brien, Career and Technical Education Program Leader, Appleton Area School District; Wendy Baumann, President, Wisconsin Women’s Business Initiative Corp.; Commissioner Ted Nickel, Office of the Commissioner of Insurance and Co-Vice Chair, Governor’s Council on Financial Literacy; Governor Walker; Sheila Briggs, Assistant State Superintendent, Wisconsin Department of Public Instruction; Georgia Maxwell, Executive Assistant, Wisconsin Department of Workforce Development; Mary Ann McCoshen, Executive Assitant, Wisconsin Housing and Economic Development Authority; Jennifer Block, Community Relations Manager, Royal Credit Union, Eau Claire.

Second row, left to right: Amy Kerwin, Chief Guaranty Officer, Great Lakes Higher Education Guaranty Corp.; Dr. Scott Niederjohn, Director, Lakeland College Center on Economic Education, EconomicsWisconsin; Jaimes Johnson, Director of Community and Campus Relations, UW Credit Union; Rep. Jason Fields, Wisconsin Assembly; David Mancl, Executive Director, Governor’s Council on Financial Literacy and Director of the Office of Financial Literacy; Peter Bildsten, Secretary of the Wisconsin Department of Financial Institutions and Co-Vice Chair of the Governor’s Council on Financial Literacy.

To learn more about the 2011 winners of the Wisconsin Financial Literacy Award, visit www.walker.wi.gov and click on the “What’s Happening” link,
then go to “Press Releases” (posted 12/21/11).


Let's do more with Financial Literacy




GUEST EDITORIAL






By State Superintendent Tony Evers and Secretary Peter Bildsten

Wisconsin is fortunate to have many fine K-12 schools educating our young people. The quality of this state’s educational system is among the best in the United States, and the same can be said for Wisconsin teachers.

Those accolades notwithstanding, there is one area in which Wisconsin schools should consider focusing some of their educational muscle: personal financial literacy. More than ever before, our children — by the time they graduate from high school — need to be able to cope in the increasingly fast-paced world of financial services.

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Madison La Follette team places first in regional Finance Investment Challenge Bowl

MADISON -- A team from Madison La Follette placed first in the 32-team Madison Regional Tournament of the Finance and Investment Challenge Bowl held on January 10 at Edgewood College. The La Follette team and the second-place team from Sauk Prairie High School advance to the state competition on May 8 in Menomonee Falls.

Members of the first-place team, from left to right in the photo above, are team adviser Anna D’Amelio, Hannah Grahn, Leah Pulley, Matlynn Eller and Garrett Phillips. Also pictured are Professor Bill Duddleston (third from right), Edgewood College; and David Mancl (right), director of the Wisconsin Department of Financial Institutions' Office of Financial Literacy.

The Finance and Investment Challenge Bowl is sponsored statewide by Asset Builders of America, a Madison-based non-profit that promotes financial literacy and wealth-building strategies. Sponsors of the event were M&I Bank, Edgewood College, Wells Fargo Bank, Madison South Rotary Foundation, Custer Financial Services, American Family Insurance, Lincoln Financial Group, MG&E, UW Credit Union, Guaranty Bank, Culvers Restaurants/Todd Drive and Starion Financial.

For more information about the program, visit www.ficbonline.org


New business formation increases by 2.3% in 2011

(Madison) – The number of new businesses formed in Wisconsin was up in the fourth quarter and grew by 2.3% in calendar year 2011, according to data released today by the Wisconsin Department of Financial Institutions (DFI). New business formation totaled 33,190 in 2011, compared to 32,458 in 2010.

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