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Bank

Bank Independent

bibank.com
710 S Montgomery Ave, Sheffield, AL 35660

Bank Independent is a Bank based in Alabama, offering a full suite of personal and business banking products and services, including deposit accounts, loans, and wealth management, and is FDIC-insured.

Key Statistics

As of June 2026, public records show Bank Independent has originated approximately $229.4M in loan volume over the past 12 months, with an average loan size of $323k.

Volume (12mo)

$229.4M

Avg Loan Size

$323k

Total Mortgages

11,787

Total Borrowers

659

Lending Entities

Bank Independent funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Bank Independent

11,746 mortgages recorded

+3 more entities not shown

Geography

Bank Independent's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Alabama

Mortgages (12mo): 557

Volume (12mo): $213.0M

Total Volume: $3.5B

#2Tennessee

Mortgages (12mo): 23

Volume (12mo): $7.7M

Total Volume: $139.5M

#3Florida

Mortgages (12mo): 5

Volume (12mo): $2.8M

Total Volume: $31.4M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Bank Independent. Click on a borrower to view their full investor profile.

+656 more borrowers not shown

FAQ

What type of lender is Bank Independent?

Bank Independent is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (24%) and personal loans in their portfolio.

What entities does Bank Independent fund loans under?

Bank Independent originates mortgages through 4 different lending entities. The most common include Bank Independent. These are the legal entity names that appear on recorded mortgage documents.

Where is Bank Independent most active?

Based on recorded mortgages, Bank Independent is most active in Alabama, Tennessee, and Florida.

How many loans has Bank Independent originated?

Public records show 11,787 mortgages recorded for Bank Independent, with $229.4M in volume over the past 12 months.

What is the average loan size for Bank Independent?

The average mortgage size for Bank Independent is $323k based on all recorded mortgages.

Does Bank Independent offer short-term loans?

Bank Independent primarily offers long-term financing, with only 2% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.