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2 local organizations to receive financial literacy award

Published On: Feb 11 2014 12:08:56 PM CST

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Two local organizations will receive the 2013 Wisconsin Financial Literacy Award.

Altra Federal Credit Union in Onalaska and the University of Wisconsin-La Crosse’s It Make$ Cents! Money Management Center will be honored for their efforts promoting financial literacy among Wisconsin citizens.

"The need for personal financial literacy has never been greater," Governor Scott Walker said in a statement. "These recipients are equipping Wisconsin citizens with an important life skill. They are truly making a difference in communities across the state."

Seven individuals and 13 organizations were selected from 52 nominations submitted for consideration. Criteria used in the screening process included innovative implementation, demonstrated measureable results, collaboration with partners, and whether the effort was focused on needs-based groups.

The recipients will be honored in a ceremony hosted by Governor Walker at the Capitol on February 26.