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Why Industrial

Since 1934, Industrial Bank has been a strong partner for small and large businesses, homeowners and personal banking account customers in the Washington, DC community. We remain strong because of our mission to make a difference in people's lives and in the economic development of their communities.  We have never turned our back on the communities that need us most; nor will we ever do so.

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​Industrial Strong...

On August 20, 1934, Founder Jesse H. Mitchell opened the doors of Industrial Bank for the first time. Since 1934, the bank has delivered essential banking and financial services which have contributed greatly to the growth and development of the Washington, DC community. We were strong during a time when the banking system failed. We understood then that the relationship with our community would be the source of our legacy of strength. From that first day in 1934, when Industrial Bank had just six employees and $192,000 in assets, we have grown into an institution with over 150 employees and over $333 million in assets. Today, Industrial bank is one of the largest African-American owned and operated commercial banks in the United States.

Industrial Bank offers a full range of banking services from eight banking centers, six of which 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 cardsand a variety of consumer, real estate, and commercial loans and lines of credit. We were here for you then, we are here for you now, and we will be here for you tomorrow because when you are Industrial Bank, you are Industrial Strong.

​Legacy

We remain strong because of our mission to promote the financial and economic empowerment of our diverse community. We have never in the past nor will we in the future turn our back on the communities that need us most.

Our customers depend on us to be strong for them; to trust that their hard-earned dollars are safe and looked after; but it does not stop there. We are not just strong for our customers banking needs but we are strong for many non-profit and community groups who depend on our support and generosity to help them continue to thrive. We are proud of the many contributions we make to organizations that are doing all they can to make a difference in the communities where we live and work.

In 1934, we were strong during a time when the banking system failed. We understood then that the relationship with our community would be the source of our legacy of strength. Now that the banking system has once again seen troubling times, it is fitting that our high commitment to ethics, community, and our customers has carried us through again.

We were here for you then, we are here for you now, and we will be here for you tomorrow because when you are Industrial Bank you are Industrial Strong.

Our Guiding Principles 

Mission

To make a difference in the people's lives and the economic development of their communities.

Vision

Provide service with incomparable customer care.

Core Values

The Industrial Bank Team is guided by its core values of:

  • Leadership: Model and Inspire Excellence
  • Customer Service: Surpass Customer Expectations
  • Integrity:​ Be Honest in Dealing with Customers and Each Other
  • Community:​ Be Committed and Get Involved
  • Relationships:​ Treat Our Customers and Each Other with Respect    
JB

Check Card Rewards Program

Industrial Bank offers the convenience of card access for making purchases at merchants worldwide and for deposits and withdrawals at ATMs. We also reward you for your purchases.

Mel

Industrial Bank Is Getting Social

Industrial Bank wants to "get social" with you! Follow us on Facebook, Twitter, LinkedIn or our YouTube channel to interact with us. Visit www.nextbigmoment.com to learn more about Industrial Bank.

Mitchell

How Do You Like Our New Look?

Tell us how we can make this site better by taking our online survey.

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!

John Smith
Realtor

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

Mary 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.

Casey 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.

Rodney 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.

Harry Wingo
DC Chamber President

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.

Marcus A. 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.

Desmone 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. :-)

Gaye Bri Moore

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.

Ms. Virginia 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.

Rev. Dr. Grainger Browning
Pastor of Ebenezer AME Church

Mortgage

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Feb 15, 2017, 03:59 AM

Mortgage

My Servicer Account

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Oct 20, 2015, 02:05 AM

Business

SBA Preferred Lender

As a Preferred Lender we can expedite your SBA loan.

Oct 20, 2015, 02:06 AM

News

Holiday Closure

Industrial Bank will be closed on May 29, 2017 in honor of Memorial Day.

May 2, 2017, 07:36 AM

Deluxe

Need to Reorder Checks?

Click here to reorder checks.

Nov 10, 2015, 10:09 AM

ATM Finder

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Nov 10, 2015, 10:20 AM

Current Rates

Check out Industrial Rates

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Mar 10, 2017, 13:27 PM

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