INDUSTRIAL BANK HISTORY
- Bank Name:Industrial Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #14679
- Locations:7 Branches in 4 states
Industrial Bank was founded on August 18, 1934 and has been serving the financial needs of their customers for over 89 years.
Industrial Bank currently operates with 7 branches located in 4 states as a subsidiary of Ibw Financial Corporation. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Industrial Bank, including mergers and acquisitions.
DATEEVENT
08-18-1934Institution established. Original name: Industrial Bank of Washington.
03-17-1969Main Office moved to 4812 Georgia Avenue, N.w., Washington, DC 20011.
03-26-1992Acquired Theodore Roosevelt National Bank (32762) in Washington, DC.
07-01-1995Changed Chartering Agency to Occ.
07-01-1995Changed Institution Name to Industrial Bank, National Association.
07-01-1995Main Office moved to 1900 John Hanson Lane, Oxon Hill, MD 20745.
09-04-2007Institution withdraws from membership in the Federal Reserve System.
09-04-2007Changed Chartering Agency to State.
09-04-2007Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
09-04-2007Changed Primary Federal Regulatory Agency to Fdic.
09-04-2007Changed Institution Name to Industrial Bank.
09-04-2007Main Office moved to 4812 Georgia Avenue Nw, Washington, DC 20011.
11-01-2019Acquired City National Bank of New Jersey (21111) in Newark, NJ as part of a government assisted merger.
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