First Financial Friday Webinars from JVS Human Services Offer Free Advice to Families and New Business for Best Banking Options

JVS Human Services, one of the largest human service agencies in metro Detroit, is offering free webinars to Michigan families and new businesses to help them choose the best banking options for their personal and business finances. The August and September virtual events are part of a series entitled First Financial Friday and are sponsored by TCF Bank.

For families, ‘Banking in Today’s World’ will explain the many savings accounts available and how to choose the best account for a family’s needs and will be held on Aug. 6 at 10:30 a.m. ‘Banking for Entrepreneurs’ will explain everything a new business in Michigan needs to know about how business banking accounts work, and will be held on Sept. 3 at 10:30 a.m. Registration for the programs can be accessed through the events page on the JVS Human Services website, here

“It is very common for people to begin with a bank in their teens or early 20s and then never move from that bank, or ever check what new banking products are available,” explained Financial Capability Supervisor at JVS Human Services Laltsha Cunningham. “So many people just look at their statements and that’s it, while there could be additional benefits they aren’t receiving like, for example, a money market account which could provide interest.”

Cunningham said that the outcome of the pandemic was that many new businesses were created in metro Detroit and throughout Michigan. “In some cases, people started looking at their hobbies in a new way and businesses were launched.

These new entrepreneurs will likely need guidance on business banking. For example, there is documentation that might be needed for opening a business account and we will be addressing that in our program,” she explained.

About JVS Human Services:

Since 1941, JVS Human Services has been a leader in the community helping individuals and businesses achieve their employment goals. The agency helps job seekers jumpstart their careers, offers financial counselling, provides fulfilling programs for people with disabilities and helps seniors remain active and engaged in the community. In 2018, JVS Human Services provided services to nearly 12,000 metro-Detroit residents and assisted more than 1,000 employers seeking job candidates for a variety of occupations and skill levels.

*Logo courtesy of JVS Human Services