Redemption of CDCI / TARP Preferred Stock
Industrial Bank has redeemed, at a discount, all $6 million of the Series D, Community Development Capital Initiative (“CDCI”), preferred stock issued on September 3, 2010 to the U.S. Department of the Treasury in exchange for TARP preferred shares.
Date: January 10, 2017
Industrial ranking increased on BE's 2016 100s List
Black Enterprise Magazine recognizes various industries in the BE 100s listings. In the BE 100s recognizing the largest Black businesses in the financial services industry, Industrial Bank ranked as #5 based on the 2015 ratings. This is an increase over our rating of #7 in 2013 and #6 in 2014. To be recognized in the the Financial Service Category BE 100s Financial ranking is based on total assets as of December 31. In addition to receiving surveys, BE 100s consulted with the Federal Reserve, state banking commissions, and industry associations.
Date: Posted July 27, 2016
Source: Black Enterprise Magazine
Author: Kali Wilder and Derek T. Dingle
Black Lives Matter Movement Helps Make Black Banks Matter
Industrial Bank Sees Spike in Account Openings
Source: The Washington Informer
Date: July 15, 2016
Author: Stacy M. Brown
Interview for New Account Holders - featuring Jacqueline McSears Boles
Industrial's own SVP and Director of Retail Banking Jacqueline McSears Boles better known as "Jacquie" had an opportunity to engage in an online video interview with Nicole McNair. In this interview Jacquie discusses the Bank's History, our new relationship checking product Kasasa, and much more! It is truly a learning opportunity for those needing to know more about Industrial Bank.
Date: July 14, 2016
Interviewer: Nicole McNair
Voices With Vision - featuring B. Doyle Mitchell
Tuesday July 19, 2016 Industrial Bank's CEO and President B. Doyle Mitchell Jr., was featured on WPFW’s Voices with Vision show. The topic of discussion was the recurring call for Black people to move their money to Black banks. Click here to hear the entire interview
Date: July 19, 2016
Source: WPFW 89.3 FM
Interviewed by: Ryme Kathouda and members of the dcradiocoop
WE ACT Radio
On July 13, 2016 Industrial's very own Eric McCamey was honored to be interviewed “live” by Patricia Patton on her radio show, Truth2Power on www.weactradio.com. The topic of discussion was the history of Industrial Bank, the advantages of banking 'Industrial' and how to open accounts.
Date: July 13, 2016
Source: www.weactradio.com
Interviewed by: Patricia Patton
Bobby Rox Interview with Jacqueline Boles
Industrial's very own Jacqueline Boles, SVP/Retail Banking, was interviewed on Tuesday, July 12, 2016 by Bobby Rox. Bobby wanted to confirm the “buzz” that he had been hearing about the spike in new accounts over the last several days. All of this is resulting from the text messages circling in social media about doing business and opening accounts with African American Owned banks, in the wake of the tragedies which took place during the week of July 3, 2016. Listen to Industrial Bank Interview July 12, 2016 by bobbyrox
Date: July 12, 2016
Source: WPFW 89.3 FM
Interviewed by: Bobby Rox
Plan for Prosperity
ICBA to Congress: Regulations Suffocating Small-Business Lending
President and CEO, B. Doyle Mitchell, Jr., testified before a subcommittee on the Hill about the growing regulatory burden to community banks.
Date: September 17, 2015
Source: ICBA NewsWatch Today
Money Manager Finalist in Smart CEO Money Manager Awards
Vice President and Senior Commercial Loan Officer, Roderick Johnson is being honored as one of ten finalists in the “Money Manager” category of Smart CEO’s Money Manager Awards.
Date: September/October 2015
Source: Smart CEO Magazine, Page 59
Wealth Building in the Black Community
Doyle Mitchell, President and CEO of Industrial Bank was interviewed by DeShuna Spencer’s emPower Hour on WPFW Radio Station 83.9 FM. Mr. Mitchell will discuss economic empowerment and increasing black wealth through entrepreneurship.
Date: July 23, 2015
Source: WPFW 89.3 FM
Interviewed by: DeShuna Spencer emPower Magazine
Washington Business Journal Minority Business Award Ceremony
B. Doyle Mitchell Promotional Video shown prior to accepting the Minority Business Leader Award
Date: 2015
Source: Washington Business Journal
Watch the presentation on YouTube
'The Right Side Forum' with Armstrong Williams asks: Can local entrepreneurship cure cities?
B. Doyle Mitchell, President and CEO of Industrial Bank was featured on News Channel 8 on 10:30 am on Saturday May 9, 2015
Date: May 8, 2015
Author: Jennifer Harper
Source: Washington Times
Women's Business Report
Patricia A. Mitchell, EVP of Strategic Programs for Industrial Bank is featured on News Channel 8 at 4:30 pm on Sunday April 26, 2015
Date: April 24, 2015
Author: David Jones
Watch the presentation on YouTube
Banking exec earned his money
Source: InsightNews.com
Date: April 2, 2015
Author: Jordan Shanks NNPA Intern
Minority Business Leader Awards: Class of 2015
B. Doyle Mitchell President and CEO, Industrial Bank
Source: The Washington Business Journal
Date: February 20, 2015
Author: Mark Holan
B. Doyle Mitchell Jr. On the next Rock Newman Show
Source: WHUT-TV
Date: February 4, 2015
Author: Rock Newman
Watch the presentation on YouTube
Industrial Bank Offering Small Business Grants
Awards from 80-Year-Old Institution to Total $80K
Source: The Washington Informer
Date: January 21, 2015
Author: D. Kevin McNeir
Industrial Bank is celebrating it's 80th anniversary with $80,000 in small business grants
Source: Washington Business Journal - Biz Beat
Date: November 10, 2014
Author: Mark Holan
Industrial Bank Celebrates 80th Anniversary, Launches Small-Business Initiative
Source: The Washington Informer
Date: November 7, 2014
Nice timing: Community bankers strategize at Hawaii conference
Source: Washington Business Journal - Biz Beat
Date: March 4, 2014
Author: Mark Holan
DaVita Launches Minority Bank Initiative with $5 Million Investment
Source: PRNewswire
Date: November 23, 2013
Author: DaVita Inc.
Business Exchange - Moving your Green into Black Banks
Source: Black Press USA
Date: January 7, 2013
Author: William Reed
Surviving the Meltdown
Source: Black Enterprise
Date: January 1, 2012
Author: Alan Hughes