First Independence Bank
Headquartered in Detroit, MI. Part of First Independence Corporation. FDIC certificate #20179 · Federal Reserve RSSD 254849.
Total assets
$875M
Deposits
$684M
Q1 2026
Active branches
5
Closings since Jan 2020
1
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$7M
Return on assets
3.67%
Return on equity
39.57%
Noncurrent loan rate
1.02%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
12025
Values in $ billions, June 30 of each year.
Closings by year
12021
Openings by year
22022
Other network changes since 2020
- 1 branch relocations
- 1 branches acquired through purchases or mergers
Branches by state
Recent closings
- First Independence Bank — Clinton Township, MIbank exits city38880 GARFIELD RD · closed December 8, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.firstindependence.com.