First Independence Bank, the Twin Cities’ first Black-owned full-service bank, opened a new St. Paul location at 627 University Avenue West on June 24, bringing banking services to the Frogtown and Rondo neighborhoods with a mission to close the racial wealth gap.
Black-owned bank
Coalition launches $1 million deposit campaign with First Independence BankÂ
‘We want to be a place where communities of color can go and cash their check, instead of other places.’
First Black-owned bank officially opens in Minneapolis
First Independence Bank, which is headquartered in Detroit, held a grand opening ceremony at its new Minneapolis branch on University Avenue.
Black-owned First Independence Bank to open in Minneapolis in November
First Independence Bank, a Detroit-based, full-service bank, has filed an application to open a branch in the Twin Cities.
