FIB and Google

FIRST INDEPENDENCE BANK, GOOGLE ENTER FIRST-EVER AGREEMENT TO HELP DIGITALLY EXPAND CUSTOMER BANKING EXPERIENCE

DETROIT – (August 3, 2020) – First Independence Bank is pleased to announce their recent collaborative agreement. FIB and Google have agreed to jointly provide FIB banking customers additional offerings for their digital bank accounts.

This customer-focused agreement will help customers benefit from tools and insight – a useful benefit for existing bank customers with existing FDIC or NCUA-insured account(s).

It was 50 years ago that First Independence Bank opened its doors to the community in the heart of Detroit on May 14,1970. The idea to have an African American-controlled bank was born out of the 1967 Detroit Rebellion. As history returns in a similar fashion with current racial, health and economic unrest, a desire to align and offer solutions transpired between the financial and technology entities.

“First Independence Bank and Google recently entered an agreement to work together to offer our current and prospective customers an additional layer of banking services. This type of collaboration provides us the opportunity to digitize in a swiftly changing environment. Most importantly, it demonstrates Google’s commitment to inclusion,” says Kenneth Kelly, chairman & CEO, First Independence.

First Independence Bank is noted as the seventh largest African American owned banking institution in the country. It also remains one of two banks headquartered in the City of Detroit, as well as the only African American‐owned bank headquartered in the State of Michigan.