Minneapolis, MN
Minnesota’ first Black-owned bank opens new branch in Minneapolis
MINNEAPOLIS (FOX 9) – The state’s first Black-owned financial institution is increasing its footprint within the Twin Cities.
First Independence Financial institution opened its doorways in Minneapolis again in April. The monetary establishment is now working out of a second location.
The location, situated on the 2200 block of east Lake Avenue will function the financial institution’s new headquarters and supply a full vary of banking companies.
Damon Jenkins is the senior vp of First Independence Financial institution. He says that the growth is a part of an effort to assist revitalize the east Lake Avenue/Hiawatha hall.
“The factor that I am most enthusiastic about is having the ability to deliver a way of hope again, a way of promise and I feel that entry and the assets that we plan to supply simply actually helps this neighborhood and particularly this hall with the therapeutic course of after all the pieces that has taken place over the previous two and half years,” mentioned Jenkins.
Jenkins says the financial institution is working to shut a few of the state’s fairness gaps. From private loans to mortgages, First Independence Financial institution affords a wide range of companies.
They’re additionally seeking to fill a variety of full-time positions.