Wisconsin Banks Boost Financial Literacy

On Wednesday morning, 14 bankers and 10 banks were honored by the Wisconsin Bankers Foundation for their efforts in promoting financial literacy to Wisconsin’s consumers.

WBF is the nonprofit arm of the Wisconsin Bankers Association whose mission is to assist bankers in promoting financial literacy and financial responsibility to the public and to broaden consumer empowerment in the financial services industry through research, education, grants and scholarships.

Sue Krause, Fox Valley Savings Bank, was awarded the prestigious Financial Literacy Banker of the Year Award and Dena Hineline, Bank of Sun Prairie, was honored with the Financial Literacy Banker Award. Both Krause and Hineline were also honored with the Certificate of Excellence for exceeding 20 financial education presentations in their local communities during the Foundation’s 2020–2021 fiscal year.

Twelve individuals received Certificates of Recognition for completing at least five financial education presentations. This year’s recipients are Pam BlattnerJimmy Kauffman, and Rob Stelzer, Bank of Sun Prairie; Kelley Jensen and Amy Shorougian, Citizens Bank in Mukwonago; Joshua Pauling, Farmers State Bank of Waupaca; Rachael DanielsonRyma Lindquist, and Erik Thompson, First Bank of Baldwin; Craig Much, Horicon Bank; and Beth Durow and Julie Matthews, The Stephenson National Bank & Trust.

The WBF Excellence in Financial Education Award was presented to 10 WBA-member banks for their bank-wide dedication to financial education during the 2020–2021 fiscal year, which encouraged over 270 bankers to get involved for the wellbeing of their communities. The banks awarded include Bank of Sun Prairie, Citizens Bank in Mukwonago, Farmers State Bank of Waupaca, First Bank of Baldwin, Fox Valley Savings Bank, Horicon Bank, National Exchange Bank and Trust, Peoples State Bank – Prairie du Chien, PremierBank – Fort Atkinson, and The Stephenson National Bank & Trust.

During the 2020–2021 fiscal year, these 14 individuals and 10 banks helped WBF expand its financial education reach to nearly 6,000 people throughout the state. As a result of the pandemic, many bankers have come up with creative ways to advocate for the importance of financial literacy to consumers of all ages.

“These individuals have truly gone above and beyond in the last year to ensure that Wisconsin communities continue to have access to invaluable financial education,” says the foundation’s chair Rose Oswald Poels. “We thank everyone who participated for their commitment to their communities and their overall dedication in leading the strive towards a more financially responsible state.”