Arkansas Financial Education Commission

Mission Statement

Helping Arkansans achieve financial well-being through education and networking, for now and for future generations.


Members

The Arkansas Financial Education Commission was established by Act 1025 of 2021. Members of the commission include a mixture of government and community appointees with financial backgrounds. They include:

  • Treasurer of State Dennis Milligan, serving as Chairman
  • Johnny Key, Commissioner of Elementary & Secondary Education
  • Campbell McLaurin, Interim Commissioner, Arkansas Securities Department
  • Susannah Marshall, Commissioner, Arkansas State Bank Department
  • Duncan Bellingrath of Simmons Bank, Arkansas Bankers Association designee, serving as Treasurer
  • Steve Brown, President & CEO of Alcoa Community Federal Credit Union, serving as Vice Chair
  • Patricia Ashanti, Founder & CEO of Delta Circles*
  • Abby Hughes Holsclaw, President & CEO of Proper Southern Strategies, serving as Secretary*
  • Marsha Masters, Associate Director of Economics Arkansas*

*Appointed by Treasurer Milligan to serve as at large members.  


Financial Education Series

The Arkansas Financial Education Commission has partnered with the Central Arkansas Library System to host a series of financial education webinars geared toward educating the public on basic financial matters. Follow the links below to register for any of these free webinars!

April 12, 2022: Budgeting and Planning
  • Spending and saving wisely
  • Banking and payment methods
  • Emergency funds

Presented by Kris Bertelsen, Senior Economic Education Specialist, Little Rock Branch of Federal Reserve Bank of St. Louis

Watch a video recording of the session here.

May 10, 2022: Avoiding Debt Traps with Educational Expenses

Many people have student loan debt but they don’t fully understand it. This session will help you decide if you should borrow money and what to know about your student loan debt if you already have it. You’ll leave with tools to help you figure out what’s right for you.

Presented by Taylor Leaphart, Manager of Service Delivery and Financial Coach, Change Machine

Watch a video recording of the session here.

June 14, 2022: Avoiding Debt Traps with Medical Expenses
  • How to avoid or minimize medical debt
  • Resources and options available to consumers who are navigating debt
  • Avoiding a negative impact to your credit score with mounting medical debt

Presented by Signe-Mary Mckernan with Urban Institute and Berneta Haynes (a Little Rock native!) with National Consumer Law Center)

Register here.

September 13, 2022: Buying vs. Renting
  • Determining if you’re ready buy
  • Which is better for your situation
  • How to start the home buying process

Register here.

October 11, 2022: Avoiding Identity Theft & Staying Cyber-Secure

Register here.

More information coming soon.

November 8, 2022: Planning for Retirement
  • How much should I be saving
  • Basics about 401(k), Roth IRAs and more

Register here.


Meeting Documents

Nov. 30, 2021
Jan. 11, 2022
Feb. 10, 2022
April 6, 2022

Minutes

Video


Contact

For information concerning the commission, please address your correspondence to:

Arkansas Financial Education Commission
c/o Arkansas Treasurer of State
1401 West Capitol, Suite 275
Little Rock, AR 72201

If e-mailing, please send to:
AFEC@artreasury.gov