(CBS DETROIT) — The first Black-owned bank in the Twin Cities will officially open Tuesday.
First Independence Bank, which is headquartered in Detroit, is making a move to Minnesota with the help of five major banks.
READ MORE: Oxford School District Hires Firm To Investigate ShootingWe’re delighted to announce our upcoming #historicevent: #FirstIndependence Bank will be hosting the grand opening of our Minneapolis Branch on Tuesday, April 26th, and you’re invited to celebrate with us!#ficonnected #bankingTwinCities #TwinCitiesbank #Minneapolisbank #event pic.twitter.com/JoOspsjWvf
— First Independence Bank (@ficonnected) April 23, 2022
The Minnesota branch will open on University Avenue in Minneapolis.
READ MORE: 'Stop the Violence': Detroit Police Officers Host Basketball Game To Promote Peace At SchoolsThe bank opened in May 1970. It is the only Black-owned bank headquartered in Michigan.
MORE NEWS: Detroit Retiree Sees Sidewalk Repaired Months After Water Main Break© 2022 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.