October 27, 2011
Last weekend, Manny Flores, IDFPR Director - Division of Banking presented 28 graduates at WW Grainger Inc. in Niles, IL with certificates from the department, marking their completion of financial literacy courses provided by Heartland Alliance at no cost. Heartland, a not-for-profit organization, has partnered with the department to provide financial literacy courses which have been certified by IDFPR.
“With our slow growth economy and the budgetary pressures facing families, financial literacy is increasing important,” said Manny Flores, director of banking, Department of Financial and Professional Regulation. “Working families need to understand their rights and responsibilities regarding the money they earn spend and hopefully save. Illinois Saves is a good alternative to non-bank financial management services.”
IDFPR also used this event to launch its new Illinois Saves website, where individuals can sign up to be Illinois Savers. The website is a helpful tool for those committed to thinking more responsibly in terms of their finances. For more information, or to sign up to be an Illinois Saver visit Illinois-saves.org
Established by Governor Pat Quinn, Illinois Saves is a public-private partnership between the Illinois Department of Financial and Professional Regulation (IDFPR), financial literacy educators, and financial institutions, whose goal is to educate the underbanked and connect them with a no-fee Savings Account. Illinois Saves focuses on financial literacy to empower consumers and implore them to think responsibly and begin saving.
Click here to find a local Saves campaign near you.