Damon Jenkins serves as senior vice president and Twin Cities regional market president for First Independence Bank (FIB), Minnesota’s first Black-owned Minority Deposit Institution and full-service commercial bank. He has fiscal and operational responsibility for all Twin Cities retail branch offices. More to know, click below.In this role, Jenkins oversees sales and service initiatives for the region and ensures each branch meets and exceeds financial performance and customer service goals, as well as corporate and social responsibility objectives. He works closely with executive leadership and branch managers to develop and execute strategic plans and he develops and supervises teams of banking professionals to ensure the consistent fulfillment of customer, employee, and community needs.
Jenkins has worked in the banking industry for more than 16 years. He has served in various banking roles, including vice president/district manager positions at Wells Fargo
and US Bank in Minneapolis. He is an experienced financial services professional with specific expertise in banking, commercial and consumer lending, customer service, sales, branch management, strategic planning, team building, and leadership.
Jenkins is active in the community and is a leader in Diversity, Equity and Inclusion (DEI). He currently serves as an Executive Board Member of the African Development Center, which helps African immigrants and refugees overcome barriers to financial security and success. He also serves on the Boys and Girls Club Twin Cities Executive Board, takes part in the Youthprise Friends Group, and volunteers and supports other Twin Cities nonprofit organizations.
Jenkins earned a bachelor’s degree in Educational Psychology from the University of Minnesota and resides in Brooklyn Park with his wife and two children. He spends his free time fishing, grilling, going to church, and watching sports with family and friends.
About First Independence Bank (FIB)
Established in 1970 and based in Detroit, Michigan, FIB offers a variety of financial services to individuals and businesses and is one of only 144 minority depository institutions in the country, making up less than 1% of FDIC-insured banks nationwide. The bank’s Minnesota expansion in 2022 was the result of capital, research, and marketing support from five national banks after the tragic murder of George Floyd in Minneapolis. FIB is also the majority owner of Minority Alliance Capital, a certified minority‐owned equipment leasing company providing financing, administration and advisory services for Fortune 1000 companies.