Washington State Department of Financial Institutions

News Release

Monday, October 05, 2009

Contact

Lyn Peters, Director of Communications
PH (360) 902-8731 lpeters@dfi.wa.gov

Scott Jarvis, Director of DFI
PH (360) 902-8707 sjarvis@dfi.wa.gov

FOR IMMEDIATE RELEASE:


DFI Launches Statewide “Investor Education In Your Community” With Grant From Investor Protection Trust

Financial education project will share unbiased, reliable information throughout WA

OLYMPIA – The Washington State Department of Financial Institutions (DFI) launches the Washington State Investor Education In Your Community ® project this week with financial education outreach events in Wenatchee.

The Investor Education In Your Community ® project is an outreach project aimed at providing financial education through multiple workshops and presentations in communities throughout Washington State. Thanks to a grant from the Investor Protection Trust, DFI is partnering with Consumer University to bring investor education information directly to communities.

“In today’s difficult economy, it’s more important than ever for Washington residents to have the tools they need to make sound financial decisions,” DFI Director Scott Jarvis said. “It is our goal to provide those tools to residents throughout the state with this outreach project.”

Investor Education In Your Community ® workshops will include information about:

The first workshop kicking off the Investor Education In Your Community ® project will be:


About DFI
www.dfi.wa.gov ▪ 360.902-8700 ▪ 877.746-4334
The Washington State Department of Financial Institutions regulates a variety of financial service providers such as banks, credit unions, mortgage brokers, consumer loan companies, payday lenders and securities brokers and dealers. The department also works to improve financial education throughout Washington through its outreach programs and online clearinghouse www.dfi.wa.gov/financial-education. In addition to posting information about licensees and administrative actions, DFI uses the Web and social media to provide financial education information: www.twitter.com/FinEd4All, www.twitter.com/DFIConsumers, finlit.blogspot.com, www.youtube.com/user/WADFI.

About Consumer University
www.consumeruniversity.com ▪ 206.295.2189
Consumer University’s programs teach people of all ages the same methods government regulators recommend when it comes to selecting an investment professional, engaging in transactions with financial institutions, and avoiding fraud.  Consumer University programs are particularly noted for their unique style and fun approach to personal finance, investing basics, and fraud awareness. Founder Alicia C. Diefenbach, a former regulator of the financial services industries for nine years, launched Consumer University in 2003.  After spending over four years on the front lines of mortgage loan fraud investigation and enforcement, Alicia wanted to take her knowledge of scams and frauds to the public, creating educational programs that help people identify and avoid financial crimes, while increasing their own personal wealth through sound investments, and increased savings.

About Investor Protection Trust
www.investorprotection.org ▪ 202.775.2112
The IPT is a nonprofit organization devoted to investor education. The primary mission of IPT is to provide independent, objective information needed by consumers to make informed investment decisions. Founded in 1993 as part of a multi-state settlement to resolve charges of misconduct, IPT serves as an independent source of non-commercial investor education materials. IPT operates programs under its own auspices and uses grants to underwrite important investor education and protection initiatives carried out by other organizations. The IPT provides investor education at both the state and national levels. Programs include the MoneyTrack national public television series, curriculum programs, public service announcements, research, state customized brochures, DVDs, and the Campaign for Wise and Safe Investing®.

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