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News Now

CU System
Wisconsin opens state Fin. Lit. Award nominations
MADISON, Wis. (10/1/12)--Credit unions in Wisconsin have a chance for recognition for their financial literacy efforts in the state. Nominations for the 2012 Wisconsin Financial Literacy Award will be accepted through Nov. 30, according to the Governor's Council on Financial Literacy.

Individuals or organizations may be nominated for the award, which recognizes efforts at promoting personal financial literacy in the state, according to the Wisconsin Department of Financial Institutions (DFI).

Judges will use these criteria in deciding the awards: innovative implementation; demonstrated measurable results; collaboration with partners; and a scope that is statewide or potentially statewide or focused on need-based groups.

Last year, three organizational winners involving credit unions were among the eight organizations and individuals receiving the award. They included:

  • Investor Education in Your Workplace, a program of the Wisconsin Credit Union League;
  • Money Mission, a money management simulation game originated by the league and offered to credit unions across the country in a program administered by the Credit Union National Association;  and
  • UW CU, Madison, Wis., which hosted free financial education seminars (News Now Dec. 27).
The Governor's Council will select recipients at its December meeting. The state DFI, through its Office of Financial Literacy (OFL), promotes financial literacy statewide. DFI Secretary Peter Bildsten is vice chair of the council, and OFL Director David Mancl is the council's executive director.
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