First Independence Bank
Phil Henriksen has a diverse work experience in the finance and retail industries. Phil currently serves as the Director of Consumer Lending at First Independence Bank since December 2022. Prior to that, they worked as a Senior Mortgage Lender at BNC National Bank Mortgage Division starting from May 2019. From January 2015 to May 2019, they worked as a Mortgage Loan Officer at MB Financial Bank. Phil also has experience as a Loan Officer at RoundPoint Financial Group from October 2013 to January 2014 and at Michigan Mutual from June 2013 to October 2013. Before entering the finance industry, Phil worked in Store Management at Walgreens from December 2002 to July 2011.
From 1998 to 2002, Phil Henriksen attended Western Michigan University - Haworth College of Business, where they pursued a Bachelor of Business Administration (B.B.A.) degree. Their field of study was Business Administration and Management, General.
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.