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April 07, 2025
Media Contact: DIFS-press@michigan.gov
Consumer Hotline: 877-999-6442, Michigan.gov/DIFScomplaints
FOR IMMEDIATE RELEASE: April 7, 2025
(LANSING, MICH) America Saves Week is April 7-11 and the Michigan Department of Insurance and Financial Services (DIFS) is encouraging Michiganders to review their finances, and set savings goals along with a plan to achieve them to ensure financial stability. America Saves Week is an annual campaign supported by thousands of organizations nationwide as a call to action for consumers to commit to saving successfully and improve their financial wellness.
“DIFS is proud to be participating in America Saves Week. It’s important for Michiganders to implement plans for setting and achieving financial goals,” said DIFS Director Anita Fox. “America Saves Week is a great time to perform a financial check-up by reviewing accounts, personal and family budgets, and finding opportunities to save. Setting clear and achievable savings goals and creating sustainable savings habits are great ways to prepare for emergencies, unexpected costs, or large purchases.”
Michiganders can start their savings goals by opening an account with a bank or credit union if they do not already have one. Through the Michigan Open Account Coalition, a partnership between DIFS and more than 30 participating banks and credit unions, Michiganders can access certified low- or no-cost accounts and critical financial services to help them build stronger financial futures, without worrying about hidden fees or costs. For more information, visit Michigan.gov/DIFSOpenAccount.
Throughout America Saves Week, DIFS is sharing content on X, Facebook, and LinkedIn to highlight the importance of saving and to offer motivation for individuals and families to start or continue their savings goals. There is also a wealth of personal finance resources on the DIFS website or the State of Michigan’s Financial Literacy page.
Consumers who have questions or disputes that cannot be directly resolved with their financial institutions can contact DIFS Monday through Friday 8 a.m. to 5 p.m. at 877-999-6442 or file a complaint online at Michigan.gov/DIFScomplaints.
The mission of the Michigan Department of Insurance and Financial Services is to ensure access to safe and secure insurance and financial services fundamental for the opportunity, security, and success of Michigan residents, while fostering economic growth and sustainability in both industries. In addition, the Department provides consumer protection, outreach, and financial literacy and education services to Michigan residents. For more information, visit Michigan.gov/DIFS or follow the Department on Facebook, X, or LinkedIn.
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