First Independence Bank
Founded in 1970, First Independence Bank is a Detroit-based, black-owned CDFI. As of 2016, First Independence held over $235 million in assets, operated three branches, and employed 81 full-time workers. In addition to providing a full range of financial services, the CDFI provides affordable home improvement loans in distressed urban areas.
First Independence Bank - Recent News & Articles
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The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...