Bank Independent Address
710 South Montgomery Avenue
Sheffield, AL 35660
Bank Independent Phone Number
256-765-3656
Bank Independent Web Address
http://www.bibank.com/

Bank Independent of Alabama - Routing Number

Old Routing Number: 62203858
62205791
The routing number for Bank Independent in Alabama is used on Bank Independent checks and for direct deposits and wire transfers.
Bank Name: Bank Independent
Chartered By: STATE
FDIC Certificate: #16604
Return On Assets: 0.99%
Return On Equity: 8.15%
Established: 1947-08-02
Data Updated: 2011-02-24
FDIC Insured: Yes, since 1947-08-02
Insured Savings Institution: No
Insured Commercial Bank: Yes

Bank Independent is a commercial bank located in Alabama, and has 28 branches and offices. Bank Independent is classified as a state-chartered commercial bank, supervised by the Federal Reserve (FRB) and a member of the Federal Reserve.

Bank Independent holds a total of $1,026,368 in assets, of which $869,183 are deposits in the savings and checking accounts offered by the bank. Bank Independent is owned by Bancindependent Incorporated, a bank holding company headquartered in Sheffield.


How to use the Bank Independent Routing Number

Routing number on sample check

Bank Independent's routing number is the eight or nine-digit number found on the bottom left hand side of Bank Independent checks, next to your checking account number and check number.

In the sample check on the left, the routing number is circled in red. Your checks may have a slightly different layout.

Your routing number is used like a bank's address, to ensure that financial transactions (like checks and direct deposits) get sent to the correct banking institution. You will need to know the Bank Independent Routing Number when setting up direct deposit with your employer, receiving direct-deposit benefits or tax refunds from the U.S. Government, or requesting a direct bank wire payment to your bank account.

Unlike your Bank Independent Bank Account Number, the Bank Independent Routing Number is the same for all Bank Independent accounts. If you have both your checking and savings accounts with Bank Independent, for example, they will both use the same routing number, 62203858.