First Independence Bank

First Independence Bank opened its doors on May 11, 1970. They have served the banking needs of the Detroit Metropolitan area for over 50 years.  First Independence Bank is noted as the seventh largest African American owned banking institution in the country, remain one of two banks headquartered in the City of Detroit, as well as the only African American‐owned bank headquartered in the State of Michigan.  In addition to providing a full range of financial services, the CDFI provides affordable home improvement loans in distressed urban areas.