Nominations are now open
for 2016 Governor's Financial Literacy Award
MADISON - Nominations for the 2016 Governor's Financial Literacy Award will be accepted through December 1, the Governor's Council on Financial Literacy announced this week. Nominations may be made in one of three categories:
Individual - Any person providing exceptional financial literacy education in an innovative manner.
Organization/business - Any organization or business promoting financial literacy in an innovative manner through its initiatives.
Legacy - An organization, business or individual whose purpose and heritage is ingrained in sustained financial literacy and capability, and whose reputation in doing so is held in high regard in serving as a model for others in carrying on the work of supporting financial literacy and expanding opportunities through financial capability. This lifetime recognition is intended to be conferred once to the recipients.
Criteria that will be used to judge the nominations include:
Innovative implementation of an effective financial literacy program or program element within the last two years.
Demonstrated measureable results.
Collaboration with partners.
Scalability of the program design.
Nominations may be submitted online by clicking here. The Governor's Council will select recipients in December. Last year, the Council selected 15 individuals and organizations as recipients of the 2015 award. They were honored by Governor Scott Walker in a ceremony at the Capitol.
The Department of Financial Institutions (DFI), through its Office of Financial Literacy (OFL), promotes financial literacy statewide. DFI Secretary Lon Roberts is vice chair of the Governor's Council on Financial Literacy, while OFL Director David Mancl serves as the council's executive director.
New business entity filings
tracking 5.4% ahead of prior year
MADISON - The number of new business entities formed in Wisconsin in the first nine months of 2016 grew by 5.4% compared to same period in 2015, according to data compiled by the Department of Financial Institutions (DFI). As of Sept. 30, 2016, new business filings totaled 32,754 compared to 31,062 in the same period in 2015.
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.
Governor Walker unveils new DFI website,
'Look Forward to Your Future'
Governor Scott Walker joined DFI Secretary Lon Roberts and representatives of UW Credit Union on Tuesday, Sept. 27, to unveil the launching of DFI's new college affordability and student debt website, "Look Forward to Your Future". The new site, www.lookforwardwi.gov, is part of DFI's student debt initiative, which was announced earlier this year by Governor Walker.
Shown in the second photo below are, left to right, Governor Walker, UW Credit Union President and CEO Paul Kundert and Secretary Roberts.
The full article may be found at www.wdfi.org/Newsroom/Press.
Securities chief helps spread word
about dangers of senior financial abuse
Leslie Van Buskirk, Administrator of the Department of Financial Institutions' Division of Securities, makes a point during a presentation on financial exploitation of senior citizens on Tuesday, Sept. 20, at the DeForest Area Community and Senior Center. Van Buskirk was a guest at a seminar sponsored by the 1st National Bank of Berlin. At left is Amy Vetrone, financial literacy coordinator at 1st National. Financial exploitation is the illegal or improper use of another person's money or property for personal profit or gain. It is the number one crime committed against people over age 65 and annually costs seniors an estimated $2.9 billion.