First Independence Bank

📍 Detroit, United States🗓 Founded 1970👥 66 employees💰 Last funded Jan 2019
Banking🌐 firstindependence.com
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First Independence Bank’s mission is to be a beacon for capital accumulation for individuals and business entities by delivering financial services with an affinity for under-served and minority communities. First Independence Bank opened its doors on May 11, 1970. We have served the banking needs of the Detroit Metropolitan area for over 50 years and 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. Treasury Management Services are generally managed from our Headquarters on Woodward Avenue in Detroit. Regarding our Bank On approved seal for 2023-2024: The Cities for Financial Empowerment Fund (“CFE”) owns common law certification mark rights in the “Bank On” seal (the “Certification Mark”). As the provider of a banking account that has been certified as meeting CFE's Bank On National Account Standards (the "Standards"), you (“Licensee”) and your agents are hereby licensed to use the Certification Mark, a digital copy of which is provided herewith. By use of the Certification Mark, Licensee agrees to the following terms: Licensee acknowledges that CFE owns the entire right, title and interest to the Certification Mark. CFE hereby grants to Licensee a non-exclusive, non-assignable, non-sublicensable license to use the Certification Mark in association with the provision of the First Choice Checking account (the "Account") to the public. The term of this license shall commence on the date the Account was certified as meeting the Standards and shall terminate on the last day of the latest calendar year displayed on the Certification Mark. Licensee is not entitled to use the Certification Mark other than under the terms of this license. Licensee acknowledges that license rights to use this Certification Mark are contingent upon the Account’s continued compliance with the terms upon which certification was determined and granted.
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1970
Founded

Investors

1 investor
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Investor geography1 country
United States
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Frequently asked questions
Who invested in First Independence Bank?
First Independence Bank has 1 investor on record on gritt.io.
When did First Independence Bank last raise funding?
The most recent investment in First Independence Bank recorded on gritt.io was in January 2019.
When was First Independence Bank founded?
First Independence Bank was founded in 1970.
What industry is First Independence Bank in?
First Independence Bank operates in Banking. Find similar Banking investors on gritt.io.
Where is First Independence Bank based?
First Independence Bank is headquartered in Detroit, United States.