Banking for Entrepreneurs 2021 | The Oakland Press | 3 September 2021 | Webinar Event

“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,” JVS Human Services Financial Capability Supervisor Laltsha Cunningham says in a press release. “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 says an outcome of the pandemic was that many new businesses were created throughout Michigan as people launched small business based on their hobbies. “These new entrepreneurs will likely need guidance on business banking,” she says. “For example, there is documentation that might be needed for opening a business account and we will be addressing that in our program.”

2021 Sponsor

• TCF Bank