SALT LAKE CITY – May 7, 2025 – Utah Treasurer Marlo M. Oaks today announced the appointment of Rakhi Patel to the School and Institutional Trust Funds Office (SITFO) Board of Trustees. Patel is appointed to fill the seat currently held by David Nixon, whose second term concludes on June 30. When Utah became a state in 1896, Congress granted …
Do you know an outstanding K-12 personal finance educator? Nominate them for the Utah Financial Education Hall of Fame
SALT LAKE CITY – March 25, 2025 –Utah Treasurer Marlo M. Oaks, Utah Jump$tart Coalition, and the Utah State Board of Education are seeking nominations for the second annual Utah Financial Education Hall of Fame. This recognition honors Utah educators, administrators, and community partners who demonstrate excellence in equipping Utah students with financial knowledge and skills. Nominations for six award …
First in the Nation: Utah Legislature passes bill paving the way for state vendors to be paid in gold and silver
H.B. 306, authorizing the state treasurer to issue a competitive procurement for a precious metals-backed electronic payment platform, now awaits Governor Spencer Cox’s signature SALT LAKE CITY – March 18, 2025 – The Utah Legislature passed H.B. 306, authorizing the state treasurer to issue a competitive procurement for a precious metals-backed electronic payment platform, allowing state vendors to opt for …
Treasurer Oaks invites Utah women to attend financial empowerment conference on Sept. 26-27
SALT LAKE CITY—September 23, 2024—Utah Treasurer Marlo M. Oaks invites Utah women to attend the sixth annual, hybrid Utah Women in the Money Conference. The conference will be held in person at the Sheraton Salt Lake Hotel and virtually on Thursday, September 26 from 6 p.m. to 8 p.m. and Friday, September 27 from 8:30 a.m. to 4 p.m. The …
Utah Treasurer Marlo Oaks announces $37.4 million in unclaimed cash returned to Utahns in FY 2024
Unclaimed Property Division received a record $128 million in lost money during FY 2024, now listed online to be claimed SALT LAKE CITY – August 26, 2024 – Utah Treasurer Marlo M. Oaks today announced the Utah Unclaimed Property Division reunited $37.4 million in unclaimed property with rightful owners and processed a record-breaking 47,553 claims in fiscal year 2024 (July …
Utah Financial Education Hall of Fame inductees to be honored and new Finance in the Classroom website to be launched at $tart $mart Teacher Summit
SALT LAKE CITY – June 10, 2024 – The Utah Jump$tart Coalition, Utah Treasurer Marlo M. Oaks, and the Utah State Board of Education (USBE) will honor the first-ever Utah Financial Education Hall of Fame inductees at a banquet this evening, kicking off the 2024 $tart $mart Teacher Summit. This coincides with tomorrow’s launch of the new Finance in the …
Utah Treasurer Marlo Oaks appoints Bong Choi to SITFO Board of Trustees
SALT LAKE CITY – May 29, 2024 – Utah Treasurer Marlo M. Oaks today announced the appointment of Bong Choi to the School and Institutional Trust Funds Office (SITFO) Board of Trustees. Choi is appointed to fill the open seat concluding Jason Gull’s six-year term, which expires on June 30. When Utah became a state in 1896, Congress granted approximately …
Permanent State School Fund, the endowment for Utah’s public schools, hits record $3.3 billion
This November, Utahns will vote to raise the cap on annual distributions from this $3.3 billion permanent endowment for Utah schoolchildren. SALT LAKE CITY – May 6, 2024 – Utah Treasurer Marlo M. Oaks announced the Permanent State School Fund, an endowment created at statehood to support public schools, now tops $3.3 billion. Each school year, Utah students receive distributions from …
Utah Jump$tart Coalition, Utah Treasurer Marlo Oaks, and Utah State Board of Education seek nominations for Utah Financial Education Hall of Fame
SALT LAKE CITY – April 4, 2024 – The Utah Jump$tart Coalition, Utah Treasurer Marlo M. Oaks, and the Utah State Board of Education today announced the launch of the Utah Financial Education Hall of Fame, which recognizes Utah educators and administrators who exemplify excellence in empowering Utah’s youth with financial knowledge and skills. The nomination period for the five award …
Utah students to be honored for winning statewide investment competition at January 26 awards banquet
Treasurer Oaks to recognize Utah students and teachers for winning the Fall 2023 Utah Treasurer’s Investment Challenge SALT LAKE CITY – January 24, 2024 – Utah Treasurer Marlo M. Oaks today announced his office is hosting an awards banquet to honor the winners of the Fall 2023 Utah Treasurer’s Investment Challenge on Friday, January 26. The banquet will feature student speeches and a …