Black ExcellenceViral Trends

Meet the Only black Woman Who Owns Her Own Bank

She is Kiko Davis, a 46year-old trustee of the Donald Davis Living Trust, the majority owner and  stockholder of Detroit-based First Independence Bank, one of the top 10 largest Black-owned banks in the country, making her the only Black woman in the country to own a bank.

In an interview with Rolling Out, she said that what makes her unique as an African American female leader is her ability to genuinely connect with people and inspire a culture of synergy. “It’s a God-given talent that comes naturally,” she said. “People tend to lend the very best of themselves when they feel leaders are passionate about them and their environment.”

Her inspiration: Kiko says she is greatly inspired by Shirley Chisolm, the first Black congresswoman and the first major-party Black candidate to run for president in 1972. She says her favorite quote by Chisolm is, “In the end, anti-Black, anti-female, and all forms of discrimination are equivalent to the same thing: anti-humanism.”

She is also inspired by her late husband, Donald Davis. After his untimely death, she created a foundation in his name to perpetuate his legacy-building efforts and initiatives that he envisioned and developed.

How to Win: Kiko attributes her winnings to Risks taking, saying it’s very important if you want to become successful; “Without risk,” “there can be no reward, your mistakes will bring invaluable knowledge that will ultimately become your strategy for winning.”

She strongly believes in maintaining a positive attitude and attributes her success to prayer, eating healthy, and exercising.

For more details about First Independence Bank and/or to open an account, visit

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1 Comment

  1. We need more black own bank one in every. State USA.

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