ST. CLAIR SHORES, MI, March 27, 2024 — As April marks Financial Literacy Month, First State Bank reaffirms its commitment to empowering individuals and communities with essential financial knowledge and resources. Recognizing the importance of financial literacy in fostering economic stability and prosperity, First State Bank continues to expand its offerings to cater to the diverse needs of its customers, including the unbanked and underserved populations.
Financial literacy is crucial in navigating today's complex financial landscape, and First State Bank is dedicated to providing accessible resources and tools to promote financial wellness. One such resource is the innovative GreenWi$e app, designed to educate users on smart financial habits, budgeting techniques, and personalized savings strategies. The app serves as a digital companion, empowering individuals to make informed financial decisions at their fingertips.
In addition to digital solutions, First State Bank collaborates with organizations like the Michigan State Housing Development Authority (MISHDA) to offer programs aimed at promoting homeownership and financial stability. Through educational workshops, counseling services, and down payment assistance programs, First State Bank and MISHDA empower individuals and families to achieve their dream of homeownership while building a strong financial foundation.
Recognizing the barriers faced by the unbanked and underserved communities, First State Bank provides accessible banking solutions tailored to their needs. This includes no-fee checking accounts, eliminating the financial burden associated with traditional banking services. Furthermore, First State Bank offers credit builder credit cards, enabling individuals to establish or rebuild their credit history responsibly.
"Financial literacy is the cornerstone of economic empowerment, and at First State Bank, we are committed to equipping individuals with the knowledge and resources they need to thrive financially," said Amy Persyn, Marketing Director, 1st Vice President at First State Bank. "As we observe Financial Literacy Month, we encourage everyone to take advantage of the resources available to enhance their financial well-being and achieve their long-term goals."
First State Bank invites individuals and communities to join in the celebration of Financial Literacy Month by exploring the diverse range of financial resources and educational opportunities available. Together, we can build a more financially secure future for all.
First State Bank is headquartered in St. Clair Shores, Michigan. With over 100 years of service and $980 million in assets, First State Bank serves Macomb County with 12 branch offices located in Chesterfield Township, Clinton Township, Eastpointe, Macomb Township, Richmond, Rochester, St. Clair Shores, Sterling Heights, Washington Township, and a Loan Center in Clinton Township. For more information, please visit www.fsb.bank or call 866-372-1275.
For Immediate Release
Company / Media Contacts:
Amy Persyn, Marketing Director, 1st Vice President
apersyn@fsb.bank
www.fsb.bank