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DFI joins Chicago Fed President
at 7th annual financial literacy summit

Dr. Charles L. Evans, President of the Federal Reserve Bank of Chicago, was a featured speaker at the 7th annual Wisconsin Summit on Financial Literacy on Oct. 13 at Lambeau Field in Green Bay. More than 100 people attended the conference, which was geared toward supporting K-12 teachers and community educators who have an interest in enhancing financial and economic literacy within their communities. The summit provided attendees with the opportunity to access expert knowledge, free resources and agencies willing to support participants in achieving their goals.

Headline sponsors of the event were EconomicsWisconsin, the Lakeland University Center for Economic Education, and Governor Walker's Council on Financial Literacy. Additional sponsors were the Department of Financial Institutions (DFI), Fox Communities Credit Union, the Green Bay Packers, IBM, the Vollrath Company and Windway Foundation, Inc.

Pictured are, left to right, State Rep. Terry Katsma, a member of the Governor's Council on Financial Literacy; DFI Assistant Deputy Secretary Greg Reiman; Evans; DFI Deputy Secretary Jim Podewils; and Dave Mancl, Director of DFI's Office of Financial Literacy.

New business entity filings
tracking 5.0% ahead of prior year

MADISON - The number of new business entities formed in Wisconsin in the first nine months of 2017 grew by 5.0% compared to same period in 2016, according to data compiled by the Department of Financial Institutions (DFI). As of September 30, new business filings totaled 34,406, compared to 32,754 in the same period in 2016.

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.

Hip-hop star brings message
of financial responsibility to Milwaukee

Dee-1, former middle school teacher turned hip-hop artist and motivational speaker, brought his inspirational message about the importance of college to Milwaukee on Sept. 28. Dee-1 gave performances at Junior Achievement of Milwaukee and James Madison High School. The Department of Financial Institutions was instrumental in bringing Dee-1's "Knowledge for College Tour" to Wisconsin. Milwaukee was one of only six stops on the tour, which is sponsored by Sallie Mae. At each performance, one high school student was randomly selected to win a $5,000 scholarship.

Born David Augustine, Dee-1 graduated from Louisiana State University with a bachelor's degree in marketing. After graduating, he taught middle school in Baton Rouge, Louisiana, before pursuing his musical dream and signing with RCA Inspiration records. With "Sallie Mae Back," Dee-1 brought a new lyrical twist to the hip-hop world: the promotion of financial responsibility.

Pictured are, left to right, Communications Director George Althoff; Assistant Deputy Secretary Greg Reiman; Secretary Jay Risch; Dee-1; Office of Financial Literacy Director Dave Mancl; College Affordability Specialist Cheryl Weiss; and Administrative Assistant Theresa Dietzel.