First Independence Bank
Todd P. Carter, MSF has a diverse work experience spanning multiple roles and companies. Todd P. currently serves as the Vice President-Director of Managed Assets at First Independence Bank since September 2020. Prior to this, Todd worked as a Fundraiser for three years from December 2017 to September 2020 as a self-employed individual. Before that, they held the role of Vice President-Client Manager at Bank of America from November 2010 to December 2017. Todd's earlier experience includes working as the Vice President of Client Relations at InStream Financial from May 2005 to April 2008. Overall, Todd has demonstrated expertise in financial management, client relations, and fundraising.
Todd P. Carter, MSF, holds a Bachelor of Science degree in Economics from Northern Michigan University. Todd P. also earned a Master of Science degree in Finance from Walsh College. The specific years of enrollment for each degree are not provided.
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.