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Jump$tart to Honor FDIC Chairman, Dept. of Education Secretary and others

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Jump$tart Coalition to Honor FDIC Chairman, Department of Education Secretary, and others at April Awards Dinner

WASHINGTON, March 12, 2010…The Jump$tart Coalition for Personal Financial Literacy® has selected Sheila C. Bair, Chairman of the Federal Deposit Insurance Corporation (FDIC) and Arne Duncan, U.S. Secretary of Education, to receive its 2010 Federal Leadership Awards, recognizing their leadership, contributions, and long-term commitment to the financial literacy effort.

The Federal Leadership Awards, once known as the Federal Legislator Awards, will be presented at the Jump$tart Coalition’s annual awards dinner on April 14, 2010, at the Renaissance Washington DC Hotel.  (All award winners have been invited to attend the gala but are not confirmed as of this date.) The dinner is attended by Jump$tart Coalition partners and supporters from business and finance, associations and educational non-profit organizations, academic leaders, and federal agency leadership.

At the dinner, Jump$tart will also present its State Coalition of the Year Award to the California Jump$tart Coalition, one of its oldest and largest state affiliates.  William E. Wilcox, President of the CBM Credit Education Foundation, will receive Jump$tart’s prestigious William E. Odom Visionary Leadership Award, named for the former chairman of Ford Motor Credit Company whose vision led to the creation of the Jump$tart Coalition.

In addition, the National Foundation for Credit Counseling (NFCC), one of the Jump$tart Coalition’s founding partners, will present the winner of its national financial literacy poster contest for students.  That competition is currently underway.  Last year, however, Leah Ellyson, a high school student from West Virginia won the competition and the year before, the award was presented to Harrison Noh, a middle school student from Michigan.

“This year’s honorees represent the highest caliber of individual and organizational accomplishment and effort to support financial education, especially for our nation’s young people,” said Neil Milner, Jump$tart Coalition Chairman.  “I congratulate them on their awards, but more importantly, thank them for their ongoing efforts.”

 

About Jump$tart: The Jump$tart Coalition is a Washington, DC-based not-for-profit organization that seeks to improve the personal financial literacy of students in kindergarten through college. It is a coalition of about 160 national organizations and a network of 49 affiliated state coalitions, which work individually and collectively to conduct and support financial education.  Jump$tart is the original promoter of April as Financial Literacy Month.  For more information about the Jump$tart Coalition, go to www.jumpstart.org or follow us on Twitter at NatlJumpstart.