First Niles Financial, Inc. (OTCMKTS: FNFI) is the bank holding company for Niles Community Bank, a community-focused financial institution headquartered in Niles, Michigan. Established to support local economic growth, the company offers a full suite of commercial and consumer banking services designed to meet the needs of individuals, small businesses, and nonprofit organizations throughout Southwest Michigan and Northwest Indiana. Through its main office and branch network, First Niles Financial strives to deliver personalized financial solutions backed by deep regional expertise.
The company’s banking subsidiary provides a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit. On the lending side, it extends commercial loans for working capital, equipment financing, and real estate acquisition, alongside consumer lending offerings such as residential mortgages, home equity lines of credit, and installment loans. In addition, First Niles Financial offers treasury management services, online and mobile banking platforms, remote deposit capture, and merchant services tailored to the needs of local businesses.
First Niles Financial traces its roots to Niles Community Bank, which opened its doors in 1995 with the mission of serving the financial needs of the local community. In 2018, the bank reorganized under the holding company structure to support future growth and diversification of services. Over the years, the company has expanded its footprint through strategic branch openings in Berrien County, Michigan, and LaPorte County, Indiana, while maintaining its commitment to community reinvestment and customer-centric banking.
The company is guided by a seasoned board of directors and a senior management team with extensive experience in community banking and financial services. Leadership emphasizes prudent risk management, customer service excellence, and long-term shareholder value. Under this stewardship, First Niles Financial continues to focus on strengthening its balance sheet, enhancing technological capabilities, and fostering relationships that contribute to the economic vitality of the markets it serves.
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