Full-service, Black-owned, Detroit-based bank to open Twin Cities branch

Detroit-based First Independence Bank, one of only 18 Black-owned full-service banks in the country, has filed an application to open a branch in the Twin Cities. Five banks in the Twin Cities — Bank of America, Bremer Bank, Huntington Bank, U.S. Bank and Wells Fargo — are each supporting First Independence Bank’s arrival with capital, […]

Bank CEO, Auburn alumnus Kenneth Kelly delivers spring 2021 commencement speech

Detroit – (May 2, 2021) – First Independence Bank Chairman and CEO Kenneth Kelly returned to his native Alabama to his alma mater, Auburn University in one of the most cherished and pivotal roles, commencement speaker. Kelly, an Auburn University distinguished alumnus, delivered a rousing message to help kick-off the spring commencement weekend at the […]

First Independence Bank joins with federal loan program to aid small businesses

Detroit-based First Independence Bank is tapped to be one of the financial institutions, or CDFIs, to service loans for the U.S. Small Business Association and U.S. Treasury Department’s expanded and revised Paycheck Protection Program with a particular focus on small businesses. Eligible CDFIs are defined as Treasury Department-certified community development financial institutions, FDIC-designated minority depository […]

U.S. Bank takes lead in program to strengthen and grow minority banks

A very important document was signed on Tuesday, Oct. 1, 2019, at the new Conrad Hotel in the nation’s capital. As the National Bankers Association, which dubs itself “the voice of minority banking since 1927,” was kicking off its 92nd annual convention, just down the hall in the Canvass Boardroom, Kenneth Kelly, CEO of First […]

U.S. Bank takes lead in program to strengthen and help minority banks grow

A very important document was signed on Tuesday, Oct. 1, 2019, at the new Conrad Hotel in the nation’s capital. As the National Bankers Association which dubs itself  “The voice of minority banking since 1927,” was kicking off its 92nd annual convention, just down the hall in the Canvass Boardroom, Kenneth Kelly, CEO of First […]

Kenneth Kelly talks about entrepreneurship, community and economic development

Kenneth Kelly

“I’ve always been an entrepreneur — from mowing lawns and delivering grocery as a teen, to selling laptop computers in my early 20s.” –Kenneth Kelly, president and CEO, Strativia Prior to co-founding Strativia, Kenneth Kelly worked for Visual One Systems Corporation where he managed financial management software installation projects at hotels and resorts throughout the […]