First Independence Bank

First Independence Bank
7310 Woodward Ave
Detroit, MI 48202

Status: Active
Concentration:Commercial Lending Specialization
Established:05/14/1970
FDIC Insurance:05/14/1970
FDIC Cert:#20179
Holden By:FIRST INDEPENDENCE CORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:4, ranked #2149
Website:www.firstindependence.com
Total Assets:$607,167,000, ranked #1521
Total Deposits:$482,926,000, ranked #1599
Total Equity Capital:$45,417,000, ranked #1469
Total Domestic Deposits:$482,926,000, ranked #1597
Net Income:$1,855,000, ranked #2857
Quarterly Net Income:$579,000, ranked #2430
Return on Equity:5%, ranked #3583
Quarterly Return on Equity:5%, ranked #3188

Financial Information (2023-12-31 and Older)