Michael Jones, SVP, Private Banking
For many of the professionals and business owners I work with, time is the most valuable resource. Between running companies, managing families, and navigating day-to-day life, there is often little bandwidth left for managing financial details.
This is where Private Banking delivers value. For busy professionals asking “what are the benefits of private banking” or even “is private banking worth it,” the answer often comes down to one thing: time. With a trusted partner handling the details, you gain peace of mind and the freedom to focus on your highest priorities.
Why Private Banking Matters for Busy Professionals
Managing your finances can be complex. Coordinating daily banking, loans, and long-term goals takes time and focus — time most professionals simply don’t have. That’s where Private Banking steps in.
Our team anticipates your needs and manages the details, so you don’t have to. That might mean:
- Monitoring your accounts and flagging unusual activity before it becomes a problem.
- Coordinating a mortgage closing or business loan around your travel schedule.
- Handling wire transfers or large deposits with a single call, instead of multiple forms.
- Streamlining your cash management with treasury tools tailored for various professionals, including physicians, attorneys, and executives.
Dr. Matthew Bertollini, Owner of Macomb Chiropractic, regularly juggles long shifts and little time for errands. Instead of waiting at a branch or navigating multiple logins, Laura Dosch, his dedicated Private Banker, helped implement technology such as remote deposit capture, allowing him to deposit business checks directly from his office. With details like that handled, the physician can focus on patients — not bank errands.
We also simplify your view of the bigger picture —linking services or departments and making your accounts accessible through both our digital platforms and the personal oversight of your dedicated banker.
The result? More time for your family, clients, or business — and less stress knowing you have a banker who understands your priorities and helps make your banking life run seamlessly.
Personalized Approach and Streamlined Decisions
At Waterford, we believe your banker should be as familiar to you as your doctor or dentist — someone you know by name, who knows you in return. Our clients don’t wait on hold with a 1-800 number or explain their story to a call center. Instead, they pick up the phone and speak directly with their banker.
That direct connection matters most when financial decisions are on the line. Whether you’re looking to borrow, restructure, or simply ask a question, our team makes decisions locally and with a full understanding of your personal or business goals. We don’t rely on formulas alone; we rely on relationships.
When a family moved into town from out of state, they knew they’d made the right choice switching to Waterford. While other banks often stop once the new account paperwork is done, our team directed and assisted them on how to change direct deposit accounts and draft ACH letters to companies they had set up with their prior bank, making their transition an effortless one.
This personalized approach means that when opportunities arise, answers come quickly, confidently, and from a banker who already understands your priorities. The result? Less stress, more clarity, and a financial partner you can trust to move as efficiently as you do.
Is Private Banking Worth It?
At Waterford Bank, we recognize that no two clients are alike. Every financial situation is unique, and our goal is to tailor strategies that fit your lifestyle and priorities.
That might mean structuring a line of credit around your business cash flow, adjusting debit card settings to minimize fraud risk, or simplifying deposits and payments so you don’t lose valuable time. For some clients, it’s knowing their banker is one call away to handle a wire while they’re on the road.
For many professionals, the real question is about value. Time is one of the most limited and important resources, and private banking is designed to protect it.
If the hours you save each month allow you to grow your business, close a deal, or spend more time with family, the return is clear. Private Banking isn’t just a service. It’s peace of mind, simplified complexity, and more time for what matters most to you.
Take the Next Step Towards a Better Financial Future
At Waterford Bank, we know the importance of time for our clients.
Our Private Banking team works with busy professionals and business owners across Ohio and Michigan to simplify their financial lives and build strategies for long-term success.
Ready to explore the benefits of private banking?
Meet our five Private Bankers, discover what drives them, and connect with the one who’s right for you to save time, reduce stress, and help you towards your financial goals.
About the Author
Michael Jones is a Senior Vice President of Private Banking at Waterford Bank, N.A.’s headquarters in Toledo, Ohio. With over 15 years of experience in the financial services industry, Michael Jones is a results-driven banking professional dedicated to building lasting relationships through tailored financial solutions.
A trusted financial partner and active community member, Michael is actively involved in his community, coaching Sylvania Youth Hockey, and believes that the best relationships go far beyond the numbers — they’re built on integrity, trust, and follow-through.
