First Independence Bank
Todd Suriano has over 28 years of experience in the banking industry. Todd is currently serving as the Vice President of Credit Administration at First Independence Bank since November 2021. Previously, they worked at Invest Detroit as the Vice President and Senior Underwriter from July 2020 to November 2021.
From 2008 to 2020, Todd held the position of Vice President of Credit Administration at First Independence Bank. In this role, they actively managed the Credit Department, working closely with the Bank President and Loan Officers in origination and maintenance of the bank's loan portfolio. Todd had primary responsibilities in overseeing credit underwriting and portfolio maintenance for a business loan portfolio of approximately $82 million.
Before joining First Independence Bank, Todd was the Assistant Vice President of Credit Administration at OAKLAND COMMERCE BANK from 2006 to 2008. Todd managed the Credit Department and was responsible for credit underwriting and portfolio maintenance of a business loan portfolio of approximately $149 million.
Prior to that, they worked at Comerica Bank as an Assistant Vice President from 2001 to 2006, where they originated and maintained small business loan relationships and managed a business loan portfolio of approximately $47 million.
Todd's career in the banking industry started at Charter One Bank in 1997, where they served as an Assistant Vice President in the Business Banking Department. Todd'sresponsibilities included originating and maintaining small business loan relationships, managing an active business loan portfolio of approximately $16 million.
In 1993, Todd began their banking career at MADISON NATIONAL BANK as a Loan Facilitator. Todd performed various lending functions, including documentation collection, loan closing, and customer service. Todd also played a role in improving customer service and loan quality as a member of the reengineering team.
Overall, Todd Suriano has a strong background in credit administration, loan origination, and portfolio management across various banking institutions.
Todd Suriano received their Bachelor of Arts degree in Liberal Arts with a focus on Art History, Music, and Russian History from Carroll University, where they studied from 1983 to 1987. Later on, they pursued further education in finance by completing a Master of Science degree in Finance at Walsh College. Todd also obtained a Master's degree in Finance, General from Walsh University. However, the specific dates for their graduate studies were 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.