Industrial Bank is headquartered in WASHINGTON and is the 2nd largest bank in the District of Columbia. It is also the 1,289th largest bank in the nation. It was established in 1934 and as of March of 2023, it had grown to 143 employees at 8 locations. Industrial Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 14679 |
Year Established | 1934 |
Employees | 143 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | -0.99% |
Return on Equity - YTD | -7.45% |
Annual Interest Income | $8.3MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $713.4MM$621.4MM |
Loans | Q1 2023vs Q1 2022 | $353.4MM$310.3MM |
Deposits | Q1 2023vs Q1 2022 | $606.1MM$553.2MM |
Equity Capital | Q1 2023vs Q1 2022 | $96.2MM$53.3MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $11.9MM$6.0MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $21.2MM$12.0MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$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 |
---|---|---|---|---|
0.02% | - | - | Personal Money Market | |
0.02% | - | - | Business Money Market |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.47%* | - | $15k | Kasasa Cash | ||
OTHER TIERS: 0.20% → $15k+ | |||||
0.01% | $25 | - | Business Interest Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.15% | $100 | - | 30 Month IRA | |
0.10% | $100 | - | 24 Month IRA | |
0.03% | $100 | - | 6 Month IRA | |
0.03% | $100 | - | 12 Month IRA | |
0.03% | $100 | - | 18 Month IRA |
Industrial Bank Locations | ||
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City National Bank Of Nj Branch | 54 Halsey Street | Newark, NJ 07102 |
West Harlem Branch | 382 West 125 Street | New York, NY 10027 |
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 |