Title: As Black-Owned Banks Struggle, Community Sounds Alarm
Date: Updated August 6, 2017
Source: Wall Street Journal
Author: Sharon Nunn
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
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
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.
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