Listed locations
33
Institution profile
Bank Independent
Identity verified through FDIC; additional sources pendingVerification describes the US Mortgage Index public-source matching process. It is not an endorsement or recommendation. Read the methodology
Public-record data only. Not a recommendation, lender endorsement, or rate comparison. Verify current licensing, product availability, and terms independently.
FDIC BankFind baseline
FDIC-reported identity and institutional fields from the public BankFind record. These values are not described as current or real-time.
- Legal name
- Bank Independent
- Display name
- Bank Independent
- Institution status
- Active
- FDIC insured
- Yes
- FDIC insured since
- August 2, 1947
- Established date
- August 2, 1947
- Charter class
- State-chartered commercial bank, member of the Federal Reserve System (FRS)
- Primary federal regulator
- Federal Reserve Board
- Headquarters
- Sheffield, AL, 35660, United States
- Website
- https://www.bibank.com
- FDIC certificate number
- 16604
- Federal Reserve RSSD ID
- 539032
- Domestic location count
- 34
- Source observed
- August 5, 2026
Regulatory profile
Public FFIEC NIC and CRA records for this institution, presented as source-backed regulatory context rather than a score or recommendation.
Regulatory identity
- Institution status
- ACTIVE
- Primary federal regulator
- FRS
- Institution type
- State Member Bank
- Primary activity
- NAICS 52211
- FDIC certificate
- 16604
- Federal Reserve RSSD ID
- 539032
- Headquarters
- 710 South Montgomery Avenue, Sheffield, AL, 35660, United States
- Primary deposit insurer
- Deposit Insurance Fund (DIF)
- Source observed
- August 19, 2026
Branch network
Showing 1 through 33 of 33 listed locations
Scroll sideways to see every branch column.
| Branch | Address | City | State | Postal code |
|---|---|---|---|---|
| ATHENS BRANCH | 101 South Clinton Street | Athens | AL | 35611 |
| ATHENS EAST BRANCH | 22015 Highway 72 East | Athens | AL | 35613 |
| CHEROKEE BRANCH | 8260 Highway 72 West | Cherokee | AL | 35616 |
| COURTLAND BRANCH | 360 Alabama Street | Courtland | AL | 35618 |
| DECATUR BRANCH | 1425 Beltline Road Southwest | Decatur | AL | 35601 |
| DECATUR CROSSINGS BRANCH | 2606 Highway 31 | Decatur | AL | 35603 |
| DECATUR MAIN BRANCH | 102 2nd Avenue SE | Decatur | AL | 35601 |
| COX CREEK PLACE BRANCH | 863 Cox Creek Pkwy | Florence | AL | 35630 |
| DARBY PLACE BRANCH | 1701 Darby DR | Florence | AL | 35630 |
| FLORENCE SQUARE BRANCH | 2902 Florence Boulevard | Florence | AL | 35630 |
| PINE STREET BRANCH | 210 South Pine ST | Florence | AL | 35630 |
| HARTSELLE BRANCH | 1211 Highway 31 NW | Hartselle | AL | 35640 |
| DOWNTOWN HUNTSVILLE | 225 Holmes Ave Ne, Suite 100, Suite 300 | Huntsville | AL | 35801 |
| MIDCITY HUNTSVILLE | 1084 Mid City DR NW | Huntsville | AL | 35806 |
| SOUTH HUNTSVILLE | 9010 Memorial Parkway SW | Huntsville | AL | 35802 |
| KILLEN BRANCH | 1081 Highway 72 | Killen | AL | 35645 |
| LEIGHTON BRANCH | 8720 Main Street | Leighton | AL | 35646 |
| LEXINGTON BRANCH | 11250 Highway 101 | Lexington | AL | 35648 |
| MADISON BRANCH | 7564 Highway 72 West Ste A1 | Madison | AL | 35758 |
| WEST MADISON | 11254 County Line Road | Madison | AL | 35756 |
| EAST LAWERENCE BRANCH | 22899 Alabama Highway 24 | Moulton | AL | 35650 |
| MOULTON BRANCH | 15259 Court Street | Moulton | AL | 35650 |
| AVALON AVENUE BRANCH | 1109 East Avalon Avenue | Muscle Shoals | AL | 35661 |
| DIGITAL SALES OFFICE | 530 Reservation Road | Muscle Shoals | AL | 35661 |
| HAMPTON COVE | 410 Sutton Road, Suite A | Owens Cross Roads | AL | 35763 |
| RED BAY BRANCH | 117 4th Avenue South | Red Bay | AL | 35582 |
| RED BAY DRIVE THRU | 305 4th Avenue, SW | Red Bay | AL | 35582 |
| ROGERSVILLE BRANCH | 20 Bank Street | Rogersville | AL | 35652 |
| RUSSELVILLE DOWNTOWN BRANCH | 401 North Jackson Avenue | Russellville | AL | 35653 |
| VILLAGE SQUARE BRANCH | 13566 Highway 43 South | Russellville | AL | 35653 |
| JACKSON PLACE BRANCH | 729 East Second Street | Sheffield | AL | 35660 |
| DESHLER BRANCH | 200 N. Commons East | Tuscumbia | AL | 35674 |
| TUSCUMBIA OFFICE | 119 North Main ST | Tuscumbia | AL | 35674 |
Community Reinvestment Act (CRA)
Latest available CRA evaluation
- Rating
- Satisfactory
- Exam date
- July 14, 2025
- Regulator
- Federal Reserve
- Examination method
- Large Bank Exam
This information reflects Community Reinvestment Act examination ratings reported by the cited official source. It is not a US Mortgage Index rating, recommendation, or assessment of the institution.
CRA evaluations are examination results from the relevant regulatory process and should be interpreted in the context of the examination date and source.
Historical CRA evaluations
Scroll sideways to see every CRA examination column.
| Exam date | CRA rating | Regulator | Examination method |
|---|---|---|---|
| July 14, 2025 | Satisfactory | Federal Reserve | Large Bank Exam |
| March 13, 2023 | Satisfactory | Federal Reserve | Large Bank Exam |
| July 20, 2020 | Satisfactory | Federal Reserve | Large Bank Exam |
| September 18, 2017 | Satisfactory | Federal Reserve | Large Bank Exam |
| October 19, 2015 | Satisfactory | Federal Reserve | Large Bank Exam |
| November 18, 2013 | Satisfactory | Federal Reserve | Large Bank Exam |
| November 14, 2011 | Satisfactory | Federal Reserve | Large Bank Exam |
| November 2, 2009 | Satisfactory | Federal Reserve | Large Bank Exam |
| November 5, 2007 | Satisfactory | Federal Reserve | Large Bank Exam |
| August 15, 2005 | Satisfactory | Federal Reserve | Large Bank Exam |
| July 28, 2003 | Satisfactory | Federal Reserve | Large Bank Exam |
| August 6, 2001 | Satisfactory | Federal Reserve | Large Bank Exam |
| August 16, 1999 | Satisfactory | Federal Reserve | Large Bank Exam |
| September 8, 1997 | Outstanding | Federal Reserve | Small Bank |
| August 5, 1996 | Outstanding | Federal Reserve | Small Bank |
Institutional history
2 FFIEC NIC history events
Showing 1 through 2 of 2 history events
| Event date | Event type | Related institution |
|---|---|---|
| December 6, 2008 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| December 1, 1982 | Charter Discontinued (Merger or Purchase & Assumption) | — |
These events are shown as reported by the FFIEC NIC source and are not independent legal conclusions.
FFIEC-reported organizational relationships
5 FFIEC NIC relationship records
Showing 1 through 5 of 5 relationship records
| Relationship | Institution | Type | Location |
|---|---|---|---|
| Direct relationship | 225 HOLMES, LLC | Domestic Entity Other | Huntsville, AL |
| Direct relationship | INTERSTATE BILLING SERVICE, INC. | Finance Company | Decatur, AL |
| Direct relationship | WILLIAMSBURG PLAZA COUNTY LINE ROAD, LLC | Domestic Entity Other | Sheffield, AL |
| Direct relationship | WILLIAMSBURG PLAZA NANCE ROAD, LLC | Domestic Entity Other | Sheffield, AL |
| ROOT_INSTITUTION | BANK INDEPENDENT | State Member Bank | Sheffield, AL |
These relationships reflect the FFIEC NIC source display and should not be interpreted as a complete legal ownership analysis.
FFIEC NIC information reflects public regulatory records observed on the displayed source date. Observed dates describe when the public record was reviewed, not a real-time update.
Additional profile fields
Fields below supplement the primary source baseline and are shown only when present on the public profile.
- Entity type
- FDIC-insured state-chartered member bank