First Independence Bank
Headquarters: Detroit, Michigan
Overview
First Independence Bank is an FDIC-insured bank headquartered in Detroit, Michigan. It reported $875.30M in assets and $703.37M in deposits for the period ending June 30, 2026. Bankular currently lists 5 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
March 31, 2026 to June 30, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Branch footprint
Where First Independence Bank has branches
Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.
Locations
Find a branch of First Independence Bank
Detroit Branch
7020 W 7 Mile Rd, Detroit, Michigan, 48221
Full-service branch · Opened March 6, 1985
Lake Street
2215 E Lake St, Minneapolis, Minnesota, 55407
Full Service: Retail · Opened October 4, 2022
Main Office
7310 Woodward Ave, Detroit, Michigan, 48202
Full-service branch · Opened May 14, 1970
Metropolitan Capital Bank & Trust
9 E Ontario St, Chicago, Illinois, 60611
Full-service branch · Opened January 30, 2026
Address and directions →University
3430 University Ave SE, Minneapolis, Minnesota, 55414
Limited Service: Drive Thru/Detached Facility · Opened February 22, 2022
Financial overview
Latest reported figures
Through June 30, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| June 30, 2026 | $875.30M | $703.37M | $524.68M | 2.08% |
| March 31, 2026 | $875.01M | $684.23M | $535.48M | 3.67% |
| December 31, 2025 | $696.92M | $532.61M | $415.47M | 0.85% |
| September 30, 2025 | $699.59M | $530.49M | $389.20M | 0.88% |
| June 30, 2025 | $699.72M | $527.86M | $388.23M | 0.87% |
| March 31, 2025 | $690.86M | $523.09M | $365.75M | 0.72% |
| December 31, 2024 | $644.12M | $491.82M | $378.13M | 0.94% |
| September 30, 2024 | $664.81M | $515.50M | $387.16M | 0.95% |
Size and reach
How this institution compares
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More on First Independence Bank
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Branch locations
5 listed locations.
Explore →Compare this institution
Compare size, financial metrics, rates and access.
Explore →State banking market
Explore institutions and deposit-market context in Michigan.
Explore →Detroit banking market
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Explore →Rankings and research
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is First Independence Bank federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 20179.
Where is First Independence Bank headquartered?
First Independence Bank is headquartered in Detroit, Michigan, at 7310 Woodward Ave, Detroit, Michigan, 48202.
How large is First Independence Bank?
It reported $875.30M in assets and $703.37M in deposits for the period ending June 30, 2026.
How many locations does First Independence Bank have?
Bankular currently lists 5 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.