First Independence Bank
Kenneth Kelly has a diverse work experience in the energy and banking sectors. Kenneth currently serves as a member of the Board of Directors for the Federal Home Loan Bank of Indianapolis. Prior to their current role, Kenneth was the Chairman and CEO of First Independence Bank, where they played a significant role in the bank's growth and development. Kenneth also worked as a Business Development Manager for Southern Power Company, where they successfully negotiated and acquired solar projects worth approximately $3.4 billion. Kenneth also held various sales and management positions at Georgia Power Company and Alabama Power Company, where they gained expertise in sales, workforce development, and finance. Kenneth began their career at Alabama Power Company as a Cooperative Education Student.
Kenneth Kelly completed their Bachelor of Electrical Engineering (BEE) degree from Auburn University, Samuel Ginn College of Engineering, from 1985 to 1990. Following this, they pursued a Master's in Business Administration (EMBA) at the University of Alabama, Manderson Graduate School of Business, during the period of 1997 to 1998.
First Independence Bank
First Independence Bank’s mission is to be a beacon for capital accumulation for individuals and business entities by delivering financial services with an affinity for under-served and minority communities. First Independence Bank opened its doors on May 11, 1970. We have served the banking needs of the Detroit Metropolitan area for over 50 years and remain 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. Treasury Management Services are generally managed from our Headquarters on Woodward Avenue in Detroit. Regarding our Bank On approved seal for 2023-2024: The Cities for Financial Empowerment Fund (“CFE”) owns common law certification mark rights in the “Bank On” seal (the “Certification Mark”). As the provider of a banking account that has been certified as meeting CFE's Bank On National Account Standards (the "Standards"), you (“Licensee”) and your agents are hereby licensed to use the Certification Mark, a digital copy of which is provided herewith. By use of the Certification Mark, Licensee agrees to the following terms: Licensee acknowledges that CFE owns the entire right, title and interest to the Certification Mark. CFE hereby grants to Licensee a non-exclusive, non-assignable, non-sublicensable license to use the Certification Mark in association with the provision of the First Choice Checking account (the "Account") to the public. The term of this license shall commence on the date the Account was certified as meeting the Standards and shall terminate on the last day of the latest calendar year displayed on the Certification Mark. Licensee is not entitled to use the Certification Mark other than under the terms of this license. Licensee acknowledges that license rights to use this Certification Mark are contingent upon the Account’s continued compliance with the terms upon which certification was determined and granted.