First Independence Bank
Detroit, MI · State, non-member commercial bank
Sonar Score
Stable
out of 100 · from public FDIC data
Reported June 30, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $875.3M
- Total deposits
- $703.4M
- Branches
- 5
- Return on assets
- 2.08%
- Return on equity
- 22.33%
- Charter type
- State, non-member commercial bank
- Established
- 1970
- FDIC cert #
- 20179
How the 74 breaks down
Well-capitalized by regulatory thresholds.
Strong returns on its asset base.
Efficient use of shareholder capital.
Community-scale institution.
Your deposits at First Independence Bank
First Independence Bank is an FDIC-insured institution (Cert #20179). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
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