First Independence Bank Email Format
BankingMichigan, United States51-200 Employees
First Independence Bank is a Detroit-based financial institution focused on facilitating capital accumulation for individuals and business entities, with a clear emphasis on serving underserved and minority communities. Founded in 1970, it has served the Detroit Metropolitan area for more than five decades and remains one of the few banks headquartered in the city, as well as Michigan’s only African American-owned bank with treasury management operations centered at its Woodward Avenue headquarters. The bank participates in the Bank On program through a certification from the Cities for Financial Empowerment Fund, applying Bank On standards to its First Choice Checking product. In 2026 the institution expanded its footprint into the Chicago market, appointing a regional president to lead the integration and growth there. It is a mid-sized regional bank based in Michigan, serving clients in Detroit and beyond while pursuing strategic expansion opportunities.