Minnesota Commerce Commissioner Mike Rothman and Rhode Island General Treasurer Gina Raimondo were recently awarded the Desjardins Financial Education Award for State Government Policymakers by the Credit Union National Association State Credit Union Subcommittee.
Though the award, which recognizes leadership in financial education at the state level, was previously only offered to legislators who promoted youth financial education, but has since been expanded to consider candidates who promote financial literacy initiatives geared at any age group.
Minnesota Credit Union Network President and CEO Mark Cummins praised Rothman in his recommendation letter for his efforts in developing the Minnesota Financial Literacy Interagency Work Group, which is focused on financial literacy and outreach.
“Commissioner Rothman has been a tireless advocate for financial literacy in Minnesota since he was appointed Commerce Commissioner in 2011,” Cummins said.
Raimondo was awarded for her work on the Empower RI Initiative, which includes the Financial Coaching Corps. Credit unions, non-profits and small businesses across Rhode Island work with the FCC and Raimondo’s office.
Additionally, the state offers EverFi, a web-based financial literacy program for high school students. Raimondo also launched the Smart Money Tour that reached over 300 people across the state.
“The association is pleased that Treasurer Raimondo is being recognized for the outstanding work that she has done to support financial literacy efforts in Rhode Island,” Paul Gentile, the president and CEO of the Credit Union Association of Rhode Island, said.