First Independence Bank, 7 Mile Branch

Name:First Independence Bank, 7 Mile Branch
Full Service Brick and Mortar Office
Location:7020 West Seven Mile Road
Detroit, MI 48221

Wayne County
View Other Branches
 
Phone:313-342-0900
Branch Deposit:$20,204,000
FDIC Cert:#20179
Established:1985-03-06


The Bank

Name:First Independence Bank
Concentration:Commercial Lending Specialization
Established:1970-05-14
FDIC Insurance:1970-05-14
Holden By:First Independence Corp
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, view all, view on map
Website:www.firstindependence.com
Total Assets:$282,800,000
Total Deposits:$192,487,000
Total Equity Capital:$22,820,000
Total Domestic Office Deposits:$192,487,000
Net Income:$642,000
Quarterly Net Income:$227,000
Return on Equity:6%
Quarterly Return on Equity:4%
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