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Bank of America Mobile Financial Center Coming to Detroit

EL CENTRAL by EL CENTRAL
September 5, 2024
in Community, Finance
Reading Time: 3 mins read
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Bank of America is partnering with local nonprofit SER Metro-Detroit to bring a mobile financial center to SER Metro-Detroit’s Samaritan Center, where they will provide convenient access to banking services, financial wellness education, credit counseling, meetings with specialists and information about the latest digital banking capabilities.

The mobile financial center offers Detroiters all services available at permanent branches will be offered at the mobile center, including account setup. It also provides free education and advice from specialists and credit counselors on managing finances, and helps business owners build their financial acumen on how to save, spend, borrow and invest to reach their goals.

“Our core mission is to grow and protect the financial wellbeing of our clients and the Detroit community, including residents who are unbanked or underbanked,” said Star Crawford, Market Executive, for Bank of America Detroit. “Through our community-centered approach, we focus on empowering our neighbors wherever they are on their financial journey by building trust, confidence and financial know-how. These mobile banking centers, operated in partnership with our essential nonprofit partners including SER Metro-Detroit, are an important part of that mission.” 

The mobile financial center will be on site at Samaritan Center, located at 5555 Conner Street, Detroit, MI 48213: from Tuesday, Sept. 10 to Wednesday, Sept. 11 from 2 p.m. to 6 p.m. and Thursday, Sept. 12 to Friday, Sept. 13 from 10 a.m. to 2 p.m. In addition, SER Metro-Detroit will offer a resource fair at the Samaritan Center from 3 p.m. to 6 p.m. on Tuesday, Sept. 10, and host a career and jobs fair from 11 a.m. to 2 p.m. on Thursday, Sept. 12. 

SER Metro-Detroit has offered job readiness skills training, occupational skills training, vocational skills training, job search support and extensive youth programming since 1971.

“SER Metro-Detroit and Bank of America share the goal of providing strong workforce opportunities for Detroit residents, and providing the training needed for them to succeed in their careers and have the financial knowledge necessary to thrive,” said Eva Garza Dewaelsche, President and CEO, SER Metro-Detroit. “Our resource fair will showcase the city resources that can help residents achieve their goals, and the career and jobs fair will feature employers in Metro Detroit who are hiring for in-demand occupations. Both events will be open to the entire community and we look forward to welcoming residents and helping them on their financial and career journeys.”

  • Bank of America will be offering the following services at the mobile financial center:
    Financial education classes and specialty workshops: Covering topics such as budgeting and banking, saving, building healthy credit, homebuying, and starting and growing a business. These sessions will be facilitated by certified Bank of America employees using Better Money Habits resources and tools.
  • Financial well-being counselors: Sessions on money management and credit, helping clients create customized plans budgeting, increasing savings and improving credit scores.
  • On-site financial specialists: Including Business Community Officers and home lending advisors, providing tailored financial solutions and advice to meet individual needs.
  • Digital expo: Highlighting Bank of America’s mobile and online banking capabilities. Visitors can also experience the Financial Literacy Simulator, an interactive tool that teaches how to save, build credit and manage monthly budget through an online simulated gaming experience. 

For the past 10 years, Bank of America has awarded $45.3 million in grants to Michigan nonprofits that support economic and community growth, employment and education.

Tags: Detroit
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