Department of Financial Institutions
State Banking, Lending, Securities Regulator Supports Financial Literacy
FRANKFORT, Ky. (Dec. 21, 2009) – The Kentucky Department of Financial Institutions (DFI) is once again serving in a lead role in promoting financial literacy for Kentuckians of all ages. Kelly May, DFI public information officer, was elected to a second term as president of the Kentucky Jump$tart Coalition for Personal Financial Literacy®.
The Kentucky Jump$tart Coalition is a nonprofit organization made up of more than 25 partner organizations and individuals. These partners – representing business, education, government and nonprofit associations – have joined together to improve personal money management skills through all stages of life. Some of Kentucky Jump$tart’s initiatives include hosting an online clearinghouse of educational materials found at www.kyjumpstart.org/Clearinghouse.cfm, promoting April as Financial Literacy Month, and participating in the annual Career and Technical Education Summer Program for teachers, as well as the LifeFundamental$ Financial Literacy Summit.
“Kentucky Jump$tart’s partners have joined together to improve financial literacy for all ages, and it’s an honor to serve such a passionate and dedicated group,” said May. “Being able to manage your personal finances is a critical life skill. Jump$tart partners provide many excellent, free materials to help you successfully plan a budget, manage credit and save for the future.”
May coordinates educational outreach for DFI, including financial workshops for students and adults, printed publications, and investing and credit help online at www.kfi.ky.gov/public. May has served on the Jump$tart board since she began work with DFI in November 2006. She previously chaired the Grants and Fundraising Committee and the Public Awareness Committee. May is a graduate of Northern Kentucky University and lives in Versailles.
Other 2010 Kentucky Jump$tart Coalition board members represent the Kentucky Council on Economic Education, Apprisen Financial Advocates, the Kentucky Credit Union League, Junior Achievement, the Kentucky Society of CPAs, the Kentucky Department of Education, American General Financial Services and the Federal Reserve Bank of St. Louis – Louisville Branch.
The Kentucky Jump$tart Coalition is an affiliate of the national Jump$tart Coalition, based in Washington, D.C. The national coalition includes more than 180 national partners, in addition to the state coalitions.
DFI is an agency in the Public Protection Cabinet. It supervises the financial services industry by examining, chartering, licensing and registering various financial institutions, securities firms and professionals operating in Kentucky. DFI’s mission is to serve Kentucky residents and protect their financial interests by maintaining a stable financial industry, continuing effective and efficient regulatory oversight, promoting consumer confidence, and encouraging economic opportunities.