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Justice Exposed

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Industrial Bank started its work with the justice system in 2016 when two bank employees were volunteers with a local non-profit servicing currently and formerly incarcerated individuals. The organization provided an eight-week program that included financial literacy to young men between the ages of 14 and 17 that were housed in the Baltimore City jail charged as adults.

In January 2018, the Bank partnered with the DC Department of Corrections providing financial empowerment sessions to over 80 incarcerated men and women. The first session began with groups in both medium and maximum-security levels and later included men ages 18 – 25 in a specialized group called Young Men Emerging (YME). Our financial empowerment program was not only well received by the residents of DC Jail and the YME group, but the surrounding community of non-profits dedicated to supporting returning citizens has also been extremely supportive of the Bank’s efforts.


Curriculum

  • Session 1 – Bank Overview, Program Structure and Banking Basics
  • Session 2 – The Importance of Saving and Budgeting
  • Session 3 – Understanding and Managing Credit
  • Session 4 – Effective Communication
  • Session 5 – Understanding Insurance and Investments
  • Session 6 – Entrepreneurship, Homeownership or Power of Attorney
  • Session 7 – Graduation Ceremony/Presentation of Certificates by Bank President/CEO

Impact

Industrial Bank has gleaned publicity nationwide for its innovative program, the impact and several new relationships have been established solely due to our programming within the jail. Over 20 former DC Jail residents that completed the program have since been released and have established their first ever banking relationship with Industrial Bank. The Bank has participated in supporting the returning citizens as they encounter freedom, in most cases for the first time in over two decades.

Tyrone Walker opening account
Halim Opening account

 

Since 2021, Industrial Bank has partnered with the South Carolina Department of Corrections to bring the same experience to incarcerated men virtually. We currently serve Lee Correctional Facility in Bishopville, SC and Tuberville Correctional Facility in Tuberville, SC.

As of 2022, over 125 justice exposed men and women have completed our financial literacy sessions.

  • We maintain relationships with several non-profits and government entities that serve the justice exposed and we offer a uniquely designed suite of products for these populations.
  • Industrial Bank is committed to serving as a recidivism interrupter and several bank employees have been certified as Re-entry Navigators, which will assist in coaching returning citizens towards a life of renewal, optimism, and service.
  • Industrial Bank offers a unique “Community Banking” relationship designed for the justice exposed. Our Community Relationship accepts non-traditional ID, prevents the accumulation of overdraft fees and waives certain monthly service charges. This relationship includes a Checking, Savings, Steady Saver Certificate of Deposit (CD), and Individual Retirement Account (IRA) which are all part of the suite of products to support the financial goals of those needing a new financial beginning.

Read Articles Written About Our Program

Just a note, the customer services I received today was outstanding, knowledgeable, patient, professional and simply helpful. Mrs. Tekel is an asset.

Norman R. Hodges
Owner of 4c Mobile Services

From out first interaction 9 years ago until today, everyone and I do mean everyone, has always gone above and beyond to make our customer experience the best it could be.

Salvatore Speziale
Ciao Osteria Italian Restaurant

Thank you to Industrial Bank for helping the black church throughout your entire 80 years. Thank you for how you empower the community.

Rev. Dr. G. Browning
Pastor of Ebenezer AME Church

Industrial has made a big difference in the African American community. So many people depend on it. I’m so proud of them and all they do.

V. Ali
Co-owner of the popular DC eatery Ben’s Chili Bowl

They are very straightforward without the gimmicks and hidden fees. The Business/Non-profit account fees they do have are the lowest, especially in the DC Metro area. I love this bank and can't believe I had not tried them sooner.

Tariq

So neat to just learn that this bank still exists and to know that it has existed for 80 years. I know that it was right down the street from me when I was a child now I am 61! :-)

Gaye Bri Moore

With my new job, I will be depositing my coins into a Black Owned bank (@BankIndustrial). Goodbye, Bank of America.

D. Gambrell @DcsMediaDiva

As a millennial I'm proud to be a part of @BankIndustrial. -@savantmusa


Another awesome experience at @BankIndustrial. I discussed the need for an internship for students with them. Gotta look out for the youth.

M. Hughes

We are moving our resources to a Black bank @BankIndustrial in DC that is investing & helping our community. @revtonylee #ReachWithUs - ABFE @ABFE


Our commitment has only grown stronger though 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 of Industrial Bank

Banking with Industrial has been easy. My banker at the Oxon Hill banking center helped me establish a Student Checking account, so now I can bank on the go.

C. Johnson
College Student

Industrial helped me make my small business more successful. I received an SBA-expedited loan and merchant services, and I get fantastic service.

M. Luiz
Small Business Owner

I never knew helping my customers could be so easy! Industrial offers mortgage products and friendly service to help first-time home buyers, with no down payment!

J. Smith
Realtor

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