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On December 18, 2012, Industrial Bank’s very own President and CEO, B. Doyle Mitchell was center stage on WUSA Channel 9 News.  B. Doyle Mitchell discussed “Images of America Industrial Bank,” a book collaboration which tells the story of the Bank's robust history through a collection of pictures and captions of the pioneers that transformed a dream, into the institution which served the community for more than 81 years. Industrial Bank is the oldest, and largest black owned Bank in the Washington, DC area. Watch it Now.

Financial Tips

Does your employer offer a 401k plan? A little bit every pay check can make a huge difference when you get ready to retire.


Six CEOs of black-owned banks meet to discuss the future of black banks.
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

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

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    Bank When You Want, Where You Want

    Download our Mobile App and experience the convenience.

    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

    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

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

    C. Johnson
    College Student

    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

    The grant that we were able to receive today from Industrial will truly help fuel the next step of growth for our company. This type of commitment to small businesses is what makes Industrial a valued partner for us and other growing companies.

    R. Chambers
    CEO of Advance Employee Intelligence

    The DC Chamber is proud to support and to provide value funding to DC area companies fueled by great ideas and sound business leadership. The winners of this grant program represent some of the best and brightest of the region’s leading small businesses.

    H. Wingo

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


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

    M. Hughes

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


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

    D. Gambrell @DcsMediaDiva

    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 and I am 61 years old now. :-)

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    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

    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

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

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    Pastor of Ebenezer AME Church

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