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Industrial Bank founded in 1934 is the oldest & largest African American owned commercial bank in the metropolitan Washington D. C. area. Since 1934, the bank has delivered essential banking & financial services which have contributed greatly to the growth & development of the Washington D. C. community. From 1934 & six employees and $192,000 in assets. Industrial Bank has grown into an institution with 115 employees & over $389 million in assets. B. Doyle Mitchell Jr. is President & CEO.