Industrial Bank

  • Bank Name:Industrial Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • Member FDIC:Certificate #14679
  • Routing Number:ACH & Wire - 054000959
  • Locations:9 Branches in 4 states
Headquarters:4812 Georgia Avenue Nw, Washington, District Of Columbia 20011

Industrial Bank Information

Industrial Bank was founded in August 1934 and is based in Washington, District Of Columbia. The bank operates as a subsidiary of Ibw Financial Corporation. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Industrial Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Industrial Bank is a FDIC-insured bank with certificate number of 14679. The assigned Fed RSSD ID of Industrial Bank is 536527.

Industrial Bank currently operates with 9 branches located in 4 states. The bank has most branches in District Of Columbia, Maryland, New Jersey and New York. Industrial Bank is the 11th largest bank in District Of Columbia with 4 branches; 55th in Maryland with 2 branches, 69th in New Jersey with 2 branches and 181st in New York with 1 branches.

A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Industrial Bank is 054000959. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.

The full address of bank headquarters is 4812 Georgia Avenue Nw, Washington, DC 20011. You can visit the official website of the bank at https://www.industrial-bank.com for more information and online banking service if available. For a comprehensive list of Industrial Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.

Map Of Branch Locations

Bank Offices By State

History Of Industrial Bank

Industrial Bank, originally established as the Industrial Bank of Washington on August 18, 1934, has a history marked by a series of significant changes and developments. The bank underwent its first name change to Industrial Bank, National Association on July 1, 1995, coinciding with a transition to being chartered by the Office of the Comptroller of the Currency. That same year, the main office was relocated to 1900 John Hanson Lane in Oxon Hill, Maryland. The bank further evolved in 2007 when it adopted the name Industrial Bank and shifted its regulatory oversight to the Federal Deposit Insurance Corporation (FDIC), while withdrawing from the Federal Reserve System and becoming a state-chartered bank. The main office moved to 4812 Georgia Avenue Northwest in Washington, D.C., on September 4, 2007. In addition to its internal changes, Industrial Bank expanded its operations by acquiring Theodore Roosevelt National Bank in Washington, D.C., on March 26, 1992. The bank continued its growth trajectory with the acquisition of City National Bank of New Jersey in Newark, New Jersey, on November 1, 2019, as part of a government-assisted merger.

Below is a list of some important events in bank's history, including mergers and acquisitions.

11-01-2019Acquired City National Bank of New Jersey in Newark, NJ as part of a government assisted merger.

09-30-2010Main Office moved to 4812 Georgia Ave Nw, Washington, DC 20011.

09-04-2007Main Office moved to 4812 Georgia Avenue Nw, Washington, DC 20011.

09-04-2007Changed Institution Name to Industrial Bank.

09-04-2007Changed Primary Federal Regulatory Agency to FDIC.

View 9 More Events in Bank's History …

Reviews & Complaints

Willie Nowlin
Willie Nowlin · 30 August 2024
★★★★★ Branch review: U Street Branch

Great bank. Next door to my work. The North Carolina Mutual Life Insurance Company. Next door was Thompson Dairy.... Read more

Byron White
Byron White · 27 September 2022
Branch review: Georgia Avenue Branch

No local phone number to call this bank lobby. Calls go to national call center. Not local.

I requested temporary 2-3 checks for my non profit bank account. I was told Industrial Bank only issues temporary checks for new accounts. I was told I had to order checks. I said OK. They said done. I was not told what was the $$ charge. I was not offered a check desgin choice. And given no receip... Read more

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Bank Rating & Reviews
2.5 / 5
  • Rating 2.50/

Bank rating displayed here is the average value for all Industrial Bank branches. A total of 10 customers had cast their vote for 9 branches and in average, Industrial Bank got a score of 2.5 out of 5 stars. The bank has 2 reviews or customer complaints filed.

Popular Branches
54 Halsey Street, Newark, NJ 07102
382 West 125 Street, New York City, NY 10027
4812 Georgia Avenue Nw, Washington, DC 20011
1900 John Hanson Lane, Oxon Hill, MD 20745
1800 Martin Luther King Jr. Ave, Se, Washington, DC 20020
7610 Pennsylvania Avenue, Forestville, MD 20747
2000 11th Street, N.W., Washington, DC 20001
Newly Opened Branches
3443 Benning Rd NE, Washington, DC 20019
Closed Branches

No branches were closed in the last 12 months...

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