Industrial Bank


Overview / Commentary
202-722-2000
4812 Georgia Avenue Nw
Washington, DC 20011

Industrial Bank is headquartered in Washington and is the largest bank in the District of Columbia. It is also the 1,379th largest bank in the nation. It was established in 1934 and as of June of 2020, it had grown to 140 employees at 10 locations. Industrial Bank has a C+ health rating.

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Industrial Bank's Kasasa Cash Checking Rate Unchanged Since 2017 - 11/12/2020

Industrial Bank nationally available Kasasa Cash checking account currently earns a competitive rate on qualifying balances up to $15k.

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Health
C+

Health Grade Components

Overall
FDIC Certificate #14679
Year Established1934
Employees140
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD7.86%
Annual Interest Income$10.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$599.9MM$435.8MM
LoansQ2 2020vs Q2 2019$355.8MM$314.2MM
DepositsQ2 2020vs Q2 2019$540.4MM$357.0MM
Equity CapitalQ2 2020vs Q2 2019$44.0MM$37.0MM
Loan Loss AllowanceQ2 2020vs Q2 2019$4.8MM$4.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$20.8MM$12.0MM
Real Estate OwnedQ2 2020vs Q2 2019$260.00K$1.4MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Industrial Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Industrial Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*-$25kKasasa Saver
OTHER TIERS: 0.25% $25k+
0.10%--Statement Savings
0.10%--Bank On DC Savings
0.10%--Goal Savings
0.10%--Minor Savings
0.10%--Business Savings

Industrial Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$10k*-Personal Money Market
OTHER TIERS: 0.10% Up to $10k
0.20%*$10k*-Business Money Market
OTHER TIERS: 0.10% Up to $10k

Industrial Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$15kKasasa Cash
OTHER TIERS: 0.25% $15k+
0.05%$25-Business Interest Checking

Industrial Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%$1k-48 Month CD
0.45%$100k-48 Month Jumbo CD
0.35%$1k-36 Month CD
0.35%$100k-36 Month Jumbo CD
0.30%$1k-24 Month CD
0.30%$100k-24 Month Jumbo CD
0.25%$500-18 Month CD
0.25%$100k-18 Month Jumbo CD
0.25%$10k-2 Year CDARS
0.20%$1k-12 Month CD
0.20%$100k-12 Month Jumbo CD
0.20%$10k-52 Week CDARS
0.10%$1k-1 Month CD
0.10%$1k-2 Month CD
0.10%$1k-3 Month CD
0.10%$1k-6 Month CD
0.10%$100k-1 Month Jumbo CD
0.10%$100k-2 Month Jumbo CD
0.10%$100k-3 Month Jumbo CD
0.10%$100k-6 Month Jumbo CD
0.10%$10k-13 Week CDARS
0.10%$10k-26 Week CDARS

Industrial Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$100-30 Month IRA
0.40%$100-24 Month IRA
0.30%$100-18 Month IRA
0.25%$100-12 Month IRA
0.10%$100-6 Month IRA
Locations


Cities: Forestville, New York, Newark, Oxon Hill, Washington

Forestville Branches
Forestville Branch7610 Pennsylvania AvenueForestville, MD 20747

New York Branches
West Harlem Branch382 West 125 StreetNew York, NY 10027

Newark Branches
City National Bank Of Nj Branch54 Halsey StreetNewark, NJ 07102
Newark South Side Branch1080 Bergen StreetNewark, NJ 07112

Oxon Hill Branches
Oxon Hill Branch1900 John Hanson LaneOxon Hill, MD 20745

Washington Branches
Jesse H. Mitchell Branch125 45th Street, N.E.Washington, DC 20019
F Street Branch1317 F Street, N.W.Washington, DC 20004
Anacostia Branch1800 Martin Luther King Jr. Ave, SeWashington, DC 20020
U Street Branch2000 11th Street, N.W.Washington, DC 20001
Industrial Bank4812 Georgia Avenue NWWashington, DC 20011

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