First Independence Bank, 7 MILE BRANCH

Name:First Independence Bank, 7 MILE BRANCH
Full Service Brick and Mortar Office
Location:7020 W 7 Mile Rd
Detroit, MI 48221

Wayne County
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Phone:313-342-0900
Branch Deposit:$27,699,000
FDIC Cert:#20179
Established:03/06/1985


The Bank

Name:First Independence Bank
Concentration:Commercial Lending Specialization
Established:05/14/1970
FDIC Insurance:05/14/1970
Holden By:FIRST INDEPENDENCE CORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:4, view all, view on map
Website:www.firstindependence.com
Total Assets:$644,122,000
Total Deposits:$491,821,000
Total Equity Capital:$54,991,000
Total Domestic Office Deposits:$491,821,000
Net Income:$5,933,000
Quarterly Net Income:$1,469,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:12%
Quarterly Return on Equity:11%
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