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Industrial Bank

Washington, DC · Est. 1934 · Website ↗
A
Trust Grade
Excellent
Score: 90/100

Industrial Bank is a bank based in Washington, District of Columbia, established in 1934, with $775 million in total assets across 10 branches. By Trust Grade it ranks 4th of 4 banks we track in District of Columbia. Its capital ratio of 13.8% is stronger than 85% of similarly sized banks, versus a District of Columbia median of 13.5%. It was profitable over the most recent period, with a 0.00% return on assets. No consumer complaints against Industrial Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$774.9M
$100M–1B institution
Deposits
$607.9M
Branches
10
Capital ratio
13.8%
Top 15% of $100M–1B peers · District of Columbia median 13.5%
Return on assets
0.0%
Bottom 4% of $100M–1B peers · District of Columbia median 0.43%
Rank in District of Columbia
#4
of 4 banks

How Industrial Bank compares to District of Columbia peers

Capital ratio
Top 15% of $100M–1B peers
Industrial Bank
13.8%
District of Columbia median
13.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 4% of $100M–1B peers
Industrial Bank
0.0%
District of Columbia median
0.4%
Higher ROA = more profitable relative to asset base

How we graded Industrial Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
90/100
Customer experience
n/a
Overall
A · 90
  • Strongly capitalized (13.8% capital ratio)
  • Profitable (ROA 0.00%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Industrial Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (10)

  • 54 Halsey St, Newark, NJ 07102
  • 2000 11th St Nw, Washington, DC 20001
  • 7610 Pennsylvania Ave, Forestville, MD 20747
  • 382 W 125th St, New York, NY 10027
  • 1900 John Hanson Ln, Oxon Hill, MD 20745
  • 1800 Martin Luther King Jr Ave Se, Washington, DC 20020
  • 550 Frelinghuysen Ave, Newark, NJ 07114
  • 3443 Benning Rd Ne, Washington, DC 20019
  • 5 E 125th St, New York, NY 10035
  • 4812 Georgia Ave Nw, Washington, DC 20011

Are deposits at Industrial Bank insured?

Yes. Industrial Bank is an FDIC-insured bank (FDIC certificate #14679). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Industrial Bank: frequently asked questions

Is Industrial Bank a good bank?

Industrial Bank earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Strongly capitalized (13.8% capital ratio); Profitable (ROA 0.00%).

Is Industrial Bank FDIC-insured?

Yes. Industrial Bank is a FDIC-insured bank (FDIC certificate #14679). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Industrial Bank?

Industrial Bank holds $775 million in total assets, ranking 4th of 4 banks we track in District of Columbia. It operates 10 branches.

Does Industrial Bank have CFPB complaints?

No CFPB complaints against Industrial Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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