UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 Date of report (Date of earliest event reported): August 16, 2007

                     1st Independence Financial Group, Inc.
             (Exact Name of Registrant as Specified in Its Charter)


                                    Delaware
                 (State or Other Jurisdiction of Incorporation)


      0-26570                                           61-1284899
(Commission File Number)                    (IRS Employer Identification No.)



8620 Biggin Hill Lane, Louisville, Kentucky                 40220-4117
(Address of Principal Executive Offices)                    (Zip Code)

                                 (502) 753-0500
              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)


|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)


|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))


|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))


Item 5.03.  Amendments to Articles of Incorporation or Bylaws; Change in
            Fiscal Year

On August 8, 2006, the United States Securities and Exchange Commission
approved a new NASDAQ listing standard setting forth Direct Registration System
("DRS") eligibility requirements, which require listed companies to become DRS
eligible by January 1, 2008. DRS enables investors to maintain securities
electronically on the books of a transfer agent or issuer, and allows for the
electronic transfer of securities. To meet DRS requirements, on August 16, 2007,
the 1st Independence Financial Group, Inc.'s Board of Directors amended and
restated its Bylaws to permit the issuance and transfer of uncertificated
shares. Such changes to the Bylaws are reflected in Article VII, Sections 1, 2,
5 and 7.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.                        Description
-----------     ------------------------------------------------------
  3.2           Amended and Restated Bylaws of 1st Independence Financial
                Group, Inc.


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                       1st INDEPENDENCE FINANCIAL GROUP, INC.

Date: August 21, 2007                  By: /s/ R. Michael Wilbourn
                                           --------------------------
                                           R. Michael Wilbourn
                                           Executive Vice President
                                           and Chief Financial Officer