First Independence Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Detroit, Michigan, established in 05/14/1970. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 4 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, First Independence Bank reported total assets of $607,167 and manages deposits totaling $482,926 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $579 thousands last year. For more details, visit their website at www.firstindependence.com.
Bank Information:
- Bank Name: First Independence Bank
- Address: 7310 Woodward Ave, Detroit, Wayne, MI, 48202
- Website: www.firstindependence.com
Classification and Operations:
- State: Michigan
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 4
- Number of Foreign Offices: 0
- Total Assets: $607,167
- Total Deposits: $482,926
- Domestic Office Deposits: $482,926
Financial Data:
- Net Income (Attributable to Bank): $579
Establishment and Record:
- Established Date: 05/14/1970
- Last Recorded Data on: 04/12/2024