First Independence Corporation

$3,223,000

Committed

0.1% >

of Bank bailout commitment

0.1% >

of total bailout commitment.

Map: Corporate headquarters of First Independence Corporation.
Detroit, Mich.
See all recipients in Michigan

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We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Our bailout recipient list tracks the companies to which Treasury has committed money.

$40K Revenue

Aug. 16, 2011 Dividend - Cumulative

Part of Capital Purchase Program
$40K Revenue

May 13, 2011 Dividend - Cumulative

Part of Capital Purchase Program
$40K Revenue

Feb. 15, 2011 Dividend - Cumulative

Part of Capital Purchase Program
$40K Revenue

Nov. 15, 2010 Dividend - Cumulative

Part of Capital Purchase Program
$40K Revenue

Aug. 16, 2010 Dividends payment

Part of Capital Purchase Program
$40K Revenue

May 17, 2010 Dividends payment

Part of Capital Purchase Program
$40K Revenue

Feb. 17, 2010 Dividends payment

Part of Capital Purchase Program
$34K Revenue

Nov. 16, 2009 Dividends payment

Part of Capital Purchase Program
$3M Bailout

Aug. 28, 2009 Preferred Stock

Part of Capital Purchase Program

More info from www.financialstability.gov

Date	Type	Amount	Program	Description
08/16/2011	Dividend	$40,288	CPP	Dividend - Cumulative
05/13/2011	Dividend	$40,288	CPP	Dividend - Cumulative
02/15/2011	Dividend	$40,288	CPP	Dividend - Cumulative
11/15/2010	Dividend	$40,288	CPP	Dividend - Cumulative
08/16/2010	Dividend	$40,288	CPP	Dividends payment
05/17/2010	Dividend	$40,288	CPP	Dividends payment
02/17/2010	Dividend	$40,288	CPP	Dividends payment
11/16/2009	Dividend	$34,468	CPP	Dividends payment
08/28/2009	Purchase	$3,223,000	CPP	Preferred Stock