Commercial Banking That Puts Your Business First.

Whether you’re opening your first business account, growing customers, or managing a multi-channel enterprise, our products are designed to support your business goals.

At First Independence, our team delivers the tools and expertise businesses need to operate, expand, and succeed; from treasury management and lending to flexible deposit solutions,

Business Deposit Accounts Designed for Your Business

Flexible deposit solutions designed to support business of every size. To begin, call one of our customer service representatives today at (313)256-8400.

FI Economy Business Checking

A simple checking account designed for businesses with lower monthly transaction volumes.

FI Commercial Checking

Full-service checking account built for companies with higher transaction activity.

FI Business Interest Checking

Interest-bearing checking designed for businesses maintaining higher balances.

FI Business Money Market

A tiered interest account that allows businesses to earn competitive returns while maintaining liquidity.

FI Platinum Public Checking

A specialized account designed for municipalities and public sector organizations.

First Public Savings

Savings account tailored for public entities seeking interest earnings and secure reserves.

Certificate of Deposit

Fixed-term investment accounts designed to help businesses grow excess capital safely.

Learn More About Our Business Accounts

This small business checking account is designed for commercial clients with a low volume of monthly transactions.

No minimum daily balance required.
The first 200 transactions per month are free.
$50 initial deposit required.
FREE Online Small Business Banking
E-Statement
MasterCard® ATM/Debit Card
50¢ for each transaction over 200
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM/Debit Card customers can use any nationwide*

An ideal account if your business has large monthly transaction activity. Utilize an earnings credit to help off-set monthly fees.

$100 initial deposit required.
Business Online
E-Statement
MasterCard® ATM/Debit Card
$20 Monthly Fee
Analyzed Monthly
$1.10 per deposit ticket
12¢ per deposited item
23¢ per debit
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM/Debit Card customers can use any nationwide

This tiered interest bearing account is available to sole proprietors and non-profit organizations. Maintain a minimum daily balance of $2,500 and the monthly fee of $22 is waived.

$500 initial deposit required.
E-Statement
FREE Online Small Business Banking
MasterCard® ATM/Debit Card
FI Business Interest Checking
$22 Monthly Fee (waived with a minimum daily balance over $2,500)
$1.10 per deposit ticket
12¢ per deposited item
23¢ per debit
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM/Debit Card customers can use any nationwide

Your extra operating cash can earn money while remaining accessible, should you need it immediately. Our business money market accounts give you access to your funds while paying competitive interest rates. Maintain a minimum daily balance of $2,500 and the monthly fee of $25 is waived.

$2,500 initial deposit required.
FREE Online Small Business Banking
Tiered interest rate
E-Statement
MasterCard® ATM/Debit Card
FI Business Money Market
$25 Monthly Fee (waived with a minimum daily balance over $2,500)
$1.10 per deposit ticket
12¢ per deposited item
23¢ per debit
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM/Debit Card customers can use any nationwide

This account allows your business to earn interest on cash reserves while keeping funds easily available. Waive the monthly maintenance fee of $5 by maintaining a $200 minimum daily balance.

$100 initial deposit required.
Tiered interest rate
FREE Online Small Business Banking
E-Statement or paper statement available
FI Business Savings
$5 Monthly Fee (waived with a minimum daily balance over $200)
75¢ per debit over 3 per month
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM card customers can use any nationwide

This analyzed checking account is ideal for public entities, including state and federal government agencies, municipalities, school districts and public agencies with monthly check transactions, wires, ACH transactions and deposits. Utilize an earnings credit to help off-set monthly fees.

$100 initial deposit required.
Business Online
E-Statement
MasterCard® ATM/Debit Card
First Public Checking
$20 Monthly Fee
Analyzed Monthly
$1.10 per deposit ticket
12¢ per deposited item
23¢ per debit
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM/Debit Card customers can use any nationwide

This interest bearing account is designed to meet the needs of public entities, including state and federal government agencies, municipalities, school districts and public agencies. Maintain a liquid reserve and put your checking account to work.

$500 initial deposit required.
FREE Online Small Business Banking
E-Statement
MasterCard® ATM/Debit Card
First Platinum Public Checking
$22 Monthly Fee (waived with a minimum daily balance over $2,500)
$1.10 per deposit ticket
12¢ per deposited item
23¢ per debit
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM/Debit Card customers can use any nationwide

This account is available to public entities, including state and federal government agencies, local municipalities, school districts and public agencies. This account is optimal for organizations with excess cash reserves. Waive the monthly maintenance fee of $5 by maintaining a $200 minimum daily balance.

$100 initial deposit required.
FREE Online Small Business Banking
Tiered interest rate
E-Statement or paper statement available
ATM Card
First Public Savings
$5 Monthly Fee (waived with a minimum daily balance over $200)
75¢ per debit over 3 per month
$3 Monthly Check Image if requested
$5 Monthly Paper Statement if requested
FIB ATM card customers can use any nationwide

Our certificates of deposit allow you the flexibility you need to gain the highest interest on your money. Depending on your deposit amount, you can choose from terms of 1 month to 5 years with a competitive interest rate. Initial deposit requirements vary based on account term.

Business Account Requirements

IRS Employer Identification Number (EIN) issuance confirmation letter
Business documents filled with the state
- Articles of Incorporation
- Articles of Organization for Limited Liability Company
- Articles of Association
- Articles of Partnership
Certificate to Conduct Business Under an Assumed Name (if applicable)
Certificate of Good Standing
Valid Primary and Secondary ID for all signers
Primary ID’s:
- State or Provincial (Canadian) Driver’s License
- State ID Card
- Military Card
- US Alien Registration Card
- Mexican Consular Card
- Govt Issued Passport (secondary ID must obtain valid, current address)

Secondary ID’s:
- Firearm’s License
- SSN Card
- Voter Registration Card
- Work or School Photo ID
- Car Registration
- Health or Car Insurance