April 10, 2014

Discover Wins EIFLE Award For Corporate Leadership From Institute For Financial Literacy

Discover Recognized for Promoting Financial Education through its Pathway to Financial Success Program

RIVERWOODS, Ill.--(BUSINESS WIRE)--Apr. 10, 2014-- Discover Financial Services received an Excellence in Financial Literacy Education (EIFLE) Award from the Institute for Financial Literacy during the Annual Conference on Financial Education in New Orleans yesterday. Discover won in the “Organization of the Year, Corporate Leadership” category for its financial education program, Pathway to Financial Success. The EIFLE Awards acknowledge the innovation, dedication and commitment of individuals and organizations that advance financial literacy education.

“Discover is helping bring effective personal finance courses to public high schools throughout the country,” said David Nelms, chairman and CEO at Discover. “We are honored to receive the EIFLE Award for Corporate Leadership. Through our Pathway to Financial Success program, we will continue to support our nation’s personal finance teachers as they help young people acquire the financial knowledge and skills they need to prepare for successful futures.”

Discover’s Pathway to Financial Success program is a five-year, $10 million investment to bring financial education curriculum into public high schools across the country. The program is designed to raise awareness of the need for financial education and provide the tools and resources necessary to implement measurable financial education curriculum. Since launching the program in 2012, Discover has awarded more than $5.2 million in financial education grants to public high schools throughout the United States.

This was one of the most competitive years for the EIFLE Awards since the Institute for Financial Literacy established them in 2007. Additionally, this was the first year the Institute presented an award in the category “Organization of the Year, Corporate Leadership.”

“While the need for financial literacy has never been greater, the efforts being made in support of this noble cause by this years’ EIFLE winners have been an encouragement to us all,” said John Linfield, executive director of the Institute for Financial Literacy. “On behalf of the Institute for Financial Literacy, I would like to congratulate our EIFLE winners for their distinguished accomplishments and service in working to bring successful financial literacy education to the communities they serve.”

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America’s cash rewards pioneer, and offers home loans, private student loans, personal loans, home equity loans, checking and savings accounts, certificates of deposit and money market accounts through its direct banking business. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation’s leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit

Source: Discover Financial Services

Discover Financial Services
Matthew Towson, 224-405-5649