First Independence Bank
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, a state‐chartered commercial bank, complies with all applicable laws, rules, regulations, and ordinances of the City of Detroit, the County of Wayne, the State of Michigan, and the federal government. FIB has experience providing services to entities and individuals of varying size and complexity. FIB conforms to National Automated Clearing House Association rules. All depositors of First Independence Bank are insured by the FDIC up to $250,000.
Details
- Online Services
- Mobile Services
- Mobile Check Deposit
- Business Accounts
- Small Business Lending
Designations
- Black-owned or led
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Community
Development
Financial
Institution
(CDFI)
Community Development Financial Institutions include certified community development banks and credit unions. CDFIs provide financial services to those in historically underserved communities and to those who lack access to financing.
Rates and fees are variable and often change. For the most up to date information, visit the institution’s website.