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Home Columns Breaking Bones

Meet Kiko Davis, The Only Black Woman In U.S. Who Owns Her Bank

by ReportersAtLarge
March 22, 2023
in Breaking Bones
Reading Time: 1 min read
12
Kiko Davis Black Woman in US

Kiko Davis

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48-year-old Kiko Davis is the majority stockholder of Detroit-based First Independence Bank, one of the top 10 largest Black-owned banks in the United States. This makes her the only Black woman in the country with a bank.

During an interview with Rolling Out, she said that what makes her unique as an African-American female leader is her ability to connect with people and inspire a culture of genuine 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.”

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Kiko inspiration

Shirley Chisolm, the first black congresswoman and major-party black candidate for president in 1972, is a source of great inspiration, according to Kiko. Her favourite quote by Chisolm is, “In the end, anti-Black, anti-female, and all forms of discrimination are equivalent to the same thing: anti-humanism.”

Her late husband, Donald Davis, also serves as an inspiration for her. 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 says that taking risks is very important if you want to become successful. “Without risk,” she says, “there can be no reward… Your mistakes will bring invaluable knowledge that will ultimately become your strategy for winning.”

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

Source: Black Business
Tags: BANKFirst Independence BankKiko DavisUnited States
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Comments 12

  1. Prince Chambliss says:
    3 years ago

    This is indeed excellent news, which I am so pleased to have. I don’t know how to share. I will work on that. Thank you very much.

    Reply
    • Phylis Toilver says:
      3 years ago

      So Happy For King Charles& Family. I watched it last Sat Moring while washing very early in the morning like 3:30 am. Was so beautiful.

      Reply
  2. Jackie Arnett says:
    3 years ago

    Are you meaning depository bank? Benaisha Poole-Watson owns her own federally chartered bank called Prime One Home Loans.

    Reply
    • Mack Kelly says:
      3 years ago

      Prime One Home Loans is not a traditional bank. There are no depository accounts of any kind. This is merely a mortgage bank only. Their sole product is mortgage loans.

      Reply
  3. Jackie Arnett says:
    3 years ago

    Congratulations on your success, Kiko Davis.

    Reply
  4. Elaine Lamb says:
    3 years ago

    Thank you for the positive, inspiration and uplifting post here.

    Reply
  5. Deborah snow robison says:
    3 years ago

    I am so happy for the both. I want to open up a school of Hundred student. I have a curriculum and lesson planned. Need sponsors and grant writer.

    Reply
  6. Loureatha Bolling says:
    3 years ago

    Congratulations to all Blessing to all. God is Good all time. Step out on Faith🙏❤️❤️❤️

    Reply
  7. Errol Johnson says:
    3 years ago

    How can I open an account in her bank? It is good to see our people striving in success.

    Reply
  8. Latricia says:
    3 years ago

    Bless your perseverance. I’m 73 years old and always work and still Working. Thankful to God I can pay most of my bills. And help family. I’m waiting on IRS FOR A payment agreement. Mama I’d 89. Sister in nursing home. 2 daughters my extended family great chefs trying to have successful business.

    Just bless you.
    Latricia6423@gmail.com

    Reply
  9. Shirley jowers says:
    3 years ago

    I’m in mobile Alabama. Can I join your bank?

    Reply
  10. Chipepo Lwele says:
    3 years ago

    Very impressive, am inspired I also want to set up a start up bank here in Zambia, Southern Africa

    Reply

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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

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