Mr. Speaker, I rise today in honor of a great citizen of the State of Michigan, Mr. Don Davis, a pioneer in music and business. Mr. Davis passed away on Thursday, June 5, 2014, at the age of 75. He is survived by his wife, Kiko, and his…
Mr. Speaker, I rise today in honor of a great citizen of the State of Michigan, Mr. Don Davis, a pioneer in music and business. Mr. Davis passed away on Thursday, June 5, 2014, at the age of 75. He is survived by his wife, Kiko, and his three children.
A three-time Grammy winner, Don knew that he had a passion for music at an early age and once told the Detroit News, ``The music industry chose me. If there is a gene for music, I had one.''
Don began his music career as a session musician in the early sixties for Detroit based Motown Records. He played guitar on their hits, ``Money (That's What I Want)'' by Barrett Strong, a song that would later be covered by The Beatles, The Rolling Stones, and The Doors, and ``Bye Bye Baby'' by Mary Wells, reaching number 45 on the Billboard Charts.
As a songwriter, Don experienced his first major hit in 1968 with Johnnie Taylor's ``Who's Making Love,'' which peaked at number 5 on the Billboard Charts. In 1976, he collaborated with Johnnie Taylor again, producing the song ``Disco Lady'', the first single to be certified platinum by the Recording Industry Association of America.
Twenty years later, Don would expand beyond his outstanding music career to become the CEO and Chairman of the First Independence Bank, the only African-American owned bank in Michigan.
First Independence Bank, which operates a number of Detroit branches, has been named by Black Enterprise Magazine as one of the top 15 African-American owned banks in the country. In 2012, coming out of the Great Recession, First Independence Bank was able to record the most profitable year in its history and increase its total assets to $185 million.
As CEO, Don took his responsibility to his community seriously. In his 18 years as CEO, Don made it a priority to improve his community by focusing on its housing needs and providing excellent banking services to small business owners and families in Southeast Michigan.
Over many years, Don grew First Independence Bank into a trusted financial institution with loyal customers. Don believed that First Independence Bank could provide quality services to communities and customers who were previously overlooked by other banks. He was successful in advancing this mission.
Mr. Speaker, I will miss Don greatly and I know he will be missed by many in our community. I ask that you all join me in honoring his lifetime achievements and service. He will remain in our thoughts and his legacy will live on in Michigan and across our Nation.