Founded on August 20, 1934, Industrial Bank is the oldest and largest African American owned commercial bank in the metropolitan Washington region.
Since 1934, the bank has delivered essential banking and financial services that have contributed greatly to the growth and development of the Washington, D.C. community.
It has grown into an institution with over 150 employees and over $333 million in assets,
Industrial Bank offers a full range of banking services from seven banking centers located in the District of Columbia and Maryland. These services include a host of checking, savings, and investment accounts for retail and commercial customers, cash management, corporate online banking, mobile app for consumers, electronic banking services, debit cards, and a variety of consumer, real estate, and commercial loans and lines of credit.
In addition to providing financial services, Industrial Bank works to create a vibrant local economy in other ways, including; public/private partnerships, banking education seminars, and sponsorships. Industrial Bank believes that an informed customer is the best customer.
For your privacy protection, Please DO NOT post any of your Non Public Personal Information on the public wall of our social media page. DO NOT post your social security number, address, account number, phone number or any other personal identifying information in any public posts. For assistance, please contact us privately via direct message or via the Bank’s phone number.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154