Financial Services

Finance, insurance, or fintech? Detroit has you covered

Technology is turning finance on its head as the way the world spends money, moves currency and buys homes is changing by the minute. Building on a long-standing financial services industry, the Detroit Region provides the innovative ecosystem and high-tech talent companies you need to stay ahead of the competition.
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Financial Services Regional Facts

#2
Highest Financial Services Job Growth

Among Large U.S. Metros; Increasing 25% Over the Past 5 Years

#5
Top U.S. Metro for Banking-Related Talent

23,000 Employees in 2021

#1
State for Venture Capital Growth

855% Increase from 2016-2020

#4
Emerging FinTech Hub

Detroit Ranked Among U.S. Metros (2017)

6,300+
Businesses in Banking, Consumer Insurance, and FinTech

 

$28 Billion+
Financial Services Industry Sales

In the Detroit Region in 2020

Our Location Connects You with Opportunity. Explore The Detroit Region for Yourself.

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Wins & Testimonials

Insurance Tech Company Clearcover Expands to Detroit

When Clearcover decided to expand beyond their Chicago headquarters, they selected Detroit for their new customer operations hub. With our affordable real estate and dynamic talent base, the Detroit Region offers everything Clearcover needed to grow their business.

“The Huntington Bank headquarters brings jobs and banking services to the residents and businesses of Detroit–a city the company loves.”
– Gary Torgow, Chairman of the Board of Directors, Huntington Bank

“Detroit comes together as a city that’s open, diverse, and inclusive. A city that’s being redeveloped with opportunities for all residents and new Detroiters. A city that’s energizing, growing, and producing jobs for the region–where grit and hard work meets brains. Our mission has always been to raise the standard of living for all.”
– Dan Gilbert, Founder and Chairman, Rocket Mortgage

Rocket Mortgage Posts $2.8 Billion Profit in First Quarter

Detroit’s TCF Bank Merges with Huntington in $22B Deal

Fast Facts

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Growing Industry

Of the top U.S. financial metros, Detroit is #2 for fastest growing talent and quality with the #2 lowest turnover rate.
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Downtown Ann Arbor

Higher Education Pipeline

The University of Michigan ranks #3 in the nation for undergraduate business degree programs and #8 for their graduate finance programs.
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Downtown Detroit

Home to Top Financial Hubs

The two #1 mortgage lenders in the United States–Rocket Mortgage and United Wholesale Mortgage–are headquartered in the Detroit Region.
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THE DETROIT REGION OFFERS AN UNPARALLELED INDUSTRY ECOSYSTEM. LEARN MORE ABOUT WHAT MAKES OUR HOME UNIQUE.

Why Choose the Detroit Region

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Kent Spencer

Kent Spencer

Director of Site Selector Services

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