Pennsylvania Office of Financial Education Named 'Not for Profit Organization of the Year'

HARRISBURG, Pa., Oct. 7 /PRNewswire-USNewswire/ -- The Pennsylvania Office of Financial Education has been awarded an Excellence in Financial Literacy Education Award as the "Not for Profit Organization of the Year" by the Institute for Financial Literacy.

The award was created to acknowledge innovation, dedication, and the commitment of those that support financial literacy education.

"Governor Rendell and I are pleased that Pennsylvania is earning well-deserved recognition for its efforts to promote financial education in schools, workplaces and communities," said Secretary of Banking Steve Kaplan. "Through programs offered statewide by the Office of Financial Education, we are helping young people and adult consumers learn how to navigate through an increasingly complex financial marketplace."

The Pennsylvania Office of Financial Education, created in 2004 and housed in the Department of Banking, has provided professional development and in-service training for more than 2,000 teachers and administrators helping them to integrate financial concepts into their instruction. These efforts have had an impact on more than 400,000 Pennsylvania youth.

The award was announced on October 6 by the Institute for Financial Literacy at its annual conference on financial education.

Information about the Institute for Financial Literacy can be found at www.financiallit.org. For more information about the Pennsylvania Office of Financial Education, visit www.moneysbestfriend.com.

Consumers can ask about financial transactions as well as learn about companies licensed or chartered by the Department of Banking Office of Consumer Services at 1-800-PA-BANKS.

Media contact: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking