Industrial Bank is headquartered in WASHINGTON and is the 2nd largest bank in the District of Columbia. It is also the 1,308th largest bank in the nation. It was established in 1934 and as of June of 2024, it had grown to 142 employees at 9 locations. Industrial Bank has an A health rating.
Overall | |
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FDIC Certificate # | 14679 |
Year Established | 1934 |
Employees | 142 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.03% |
Return on Equity - YTD | 0.25% |
Annual Interest Income | $16.9MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $739.3MM$707.4MM |
Loans | Q2 2024vs Q2 2023 | $381.4MM$361.5MM |
Deposits | Q2 2024vs Q2 2023 | $628.5MM$601.5MM |
Equity Capital | Q2 2024vs Q2 2023 | $99.6MM$96.2MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $9MM$8.2MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $13MM$16.1MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $432K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | $0 | $25k | Kasasa Saver | ||
OTHER TIERS: 0.20% → $25k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.47%* | $0 | $15k | Kasasa Cash | ||
OTHER TIERS: 0.20% → $15k+ |
Industrial Bank Locations | ||
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Anacostia Branch | 1800 Martin Luther King Jr Ave Se | Washington, DC 20020 |
Oxon Hill Branch | 1900 John Hanson Lane | Oxon Hill, MD 20745 |
U Street Branch | 2000 11th St Nw | Washington, DC 20001 |
Industrial Bank | 4812 Georgia Ave Nw | Washington, DC 20011 |
Forestville Branch | 7610 Pennsylvania Avenue | Forestville, MD 20747 |
City National Bank Of Nj Branch | 54 Halsey Street | Newark, NJ 07102 |
West Harlem Branch | 382 West 125 Street | New York, NY 10027 |