First Independence National Bank of Detroit is reaching out to the elderly as part of a plan to expand its investment products business.
The $70 million-asset bank recently held its first "seniors fair," featuring speakers on health and nutrition as well as retirement planning and investing.
The minority-owned bank plans additional information events, said president Richard Shealey.
"This is seen as a real nice thing for us to do," Mr. Shealey said. "It is also expected to build relationships and expand the base for our products and services.