| Founded
on August 20, 1934, Industrial Bank is the oldest
and largest minority commercial bank in the metropolitan
Washington region. For 72 years,
the bank has delivered essential banking and financial
services that have contributed greatly to the growth and
development of the Washington, D.C. community.
From that first day in 1934, when Industrial Bank had just
six employees and $192,000 in assets, IBNA has grown into
an institution with over 150 employees and over $333 million
in assets, making it the largest minority commercial bank
in the Washington D.C. metropolitan area and fourth largest
minority owned financial institution in the country (June
2005, Black Enterprise Magazine). Industrial Bank offers
a full range of banking services from seven banking offices,
of which five are located in the District of Columbia. These
services include a host of checking, savings, and investment
accounts for retail and commercial customers, cash management,
corporate online banking , electronic banking services, debit
cards, credit cards and a variety of consumer, real estate,
and commercial loans and lines of credit.
In addition to providing services, IBNA works to create a
vibrant local economy in other ways including public/private
partnerships, banking education seminars, and sponsorships.
Industrial Bank believes that an informed customer is the
best customer, and together the bank and its customers provide
a strong foundation for the community. IBNA has received
four consecutive "Outstanding" ratings from its
regulators for community reinvestment performance.
"Our commitment has only grown stronger
through the years, and we stand poised to bring our unwavering
commitment of delivering convenient, personalized, high-quality
products to the communities we serve."
-B. Doyle Mitchell, Jr., President/CEO.
Industrial Bank – Getting things
done Since 1934
www.industrial-bank.com.
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