First Independence Bank Receives 1.5 Million Deposit from UAW-Ford

Michigan Chronicle
Wednesday, November 2, 2016

Building on the Bank Black movement that started this past summer, UAW-Ford made a record $1.5 Million deposit in First Independence Bank. This deposit is a concrete way for UAW-Ford to publically demonstrate their commitment to investing in the Detroit community and can be held up as a model for other CDFI banks nationwide who are lookign to cultivate local organizations as customers.