Institution profile

First Independence Bank

Bank · Active · Headquarters: Detroit, MI

Profile data observed August 5, 2026

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: First Independence Bank
Display name: First Independence Bank
Institution status: Active
FDIC insured: Yes
FDIC insured since: May 14, 1970
Established date: May 14, 1970
Charter class: State-chartered commercial bank, not a member of the Federal Reserve System (FRS)
Primary federal regulator: Federal Deposit Insurance Corporation
Headquarters: Detroit, MI, 48202, United States
Website: https://www.firstindependence.com
FDIC certificate number: 20179
Federal Reserve RSSD ID: 254849
Domestic location count: 5
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: FDIC
Institution type: Non-member Bank
Primary activity: NAICS 52211
FDIC certificate: 20179
Federal Reserve RSSD ID: 254849
LEI: 2549004O2ZT0HSAP5S70
Headquarters: 7310 Woodward Avenue, Suite 101, Detroit, MI, 48202, United States
Primary deposit insurer: Deposit Insurance Fund (DIF)
Source observed: August 19, 2026

Branch network

Listed locations

Showing 1 through 4 of 4 listed locations

StateCity or branch

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Showing 1 through 4 of 4 FFIEC NIC branch locations
Branch	Address	City	State	Postal code
CHICAGO BRANCH	9 East Ontario Street	Chicago	IL	60611
7 MILE OFFICE	7020 West Seven Mile Road	Detroit	MI	48221
LAKE STREET BRANCH	2215 East Lake Street	Minneapolis	MN	55407
ST PAUL BRANCH	627 University Avenue W	Saint Paul	MN	55104

Community Reinvestment Act (CRA)

Latest available CRA evaluation

Rating: Satisfactory
Exam date: November 1, 2023
Regulator: FDIC
Examination method: Intermediate Small Bank

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

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Historical CRA evaluations
Exam date	CRA rating	Regulator	Examination method
November 1, 2023	Satisfactory	FDIC	Intermediate Small Bank
September 1, 2020	Outstanding	FDIC	Small Bank
December 1, 2014	Satisfactory	FDIC	Small Bank
June 1, 2009	Satisfactory	FDIC	Small Bank

Read the methodology

Institutional history

1 FFIEC NIC history event

Showing 1 of 1 history events

FFIEC NIC institutional history events
Event date	Event type	Related institution
January 31, 2026	Failure - Government Assistance Provided	METROPOLITAN CAPITAL BANK & TRUST

These events are shown as reported by the FFIEC NIC source and are not independent legal conclusions.

FFIEC-reported organizational relationships

1 FFIEC NIC relationship record

Showing 1 of 1 relationship records

FFIEC NIC organizational relationships
Relationship	Institution	Type	Location
ROOT_INSTITUTION	FIRST INDEPENDENCE BANK	Non-member Bank	Detroit, MI

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 nonmember bank