| Industrial Bank's U Street Banking Center at 2000 11th Street NW. It is the bank's oldest existing branch, designed by Isaiah Hatton a few years after the bank's founding in 1913. | |
| Company type | Limited Liability Company |
|---|---|
| Industry | Banking |
| Headquarters | , |
| Products | Retail banking |
| Website | www |
Industrial Bank is a historic African American-owned bank based in Washington, D.C., United States. [1] Industrial Bank has 9 branches: four in D.C., 11th and U, Georgia Avenue, J.H. Mitchell, Anacostia Gateway; Two branches in Maryland; Oxon Hill, Forestville (coming soon to Largo, MD), two in Newark, NJ and a branch in Harlem, NY. [2]
It was established in 1913 [3] as the Industrial Savings Bank by John Whitelaw Lewis and originally operated out of the Laborers' Building and Loan Association building designed by William Sidney Pittman. An Industrial Bank building on U Street was designed by Isaiah Hatton a few years later.
The bank closed in 1932 but was reorganized and reopened by Howard University alumnus Jesse Mitchell in 1934. [3] By 1947 the bank had $6 million in assets from over 14,000 depositors, more than 20% of whom were white. This made it the largest black-owned bank in the U.S. The bank faced staffing difficulties because trained white bank workers were unwilling to work for a black bank, but DC only had a single bank training institute, and that institute had a whites-only policy. [4]
In 2013 the Congressional Black Caucus Foundation invested $1 million in certificates of deposit at the bank to spur lending to the African American community. The number of African American banks fell during the Great Recession and Industrial Bank was the last African American-owned bank in Washington D.C. [5]
On Friday, November 1, 2019, Industrial Bank acquired substantially all assets of New Jersey's insolvent City National Bank. [6]
Newark is the most populous city in the U.S. state of New Jersey, the county seat of Essex County, and a principal city of the New York metropolitan area. As of the 2020 census, the city's population was 311,549. The Population Estimates Program calculated a population of 304,960 for 2023, making it the 66th-most populous municipality in the nation.
Long Branch is a beachside city in Monmouth County, in the U.S. state of New Jersey. As of the 2020 United States census, the city's population was 31,667, an increase of 948 (+3.1%) from the 2010 census count of 30,719, which in turn reflected a decline of 621 (−2.0%) from the 31,340 counted in the 2000 census. As of the 2020 census, it was the 6th-most-populous municipality in Monmouth County and had the 74th-highest population of any municipality in New Jersey.
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs.
Conrail Shared Assets Operations (CSAO) is the commonly used name for modern-day Conrail, an American railroad company. It operates three networks, the North Jersey, South Jersey/Philadelphia, and Detroit Shared Assets Areas, where it serves as a contract local carrier and switching company for its owners, CSX Transportation and the Norfolk Southern Railway. When most of the former Conrail's track was split between these two railroads, the three shared assets areas were kept separate to avoid giving one railroad an advantage in those areas. The company operates using its own employees and infrastructure but owns no equipment outside MOW equipment.
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Newark has long been the largest city in New Jersey. Founded in 1666, it greatly expanded during the Industrial Revolution, becoming the commercial and cultural hub of the region. Its population grew with various waves of migration in the mid 19th century, peaking in 1950. It suffered greatly during the era of urban decline and suburbanization in the late 20th century. Since the millennium it has benefited from interest and re-investment in America's cities, recording population growth in the 2010 and 2020 censuses.
Weequahic Park is a park located in the South Ward of Newark, New Jersey, USA, designed by the Olmsted Brothers firm,. The park is 311.33 acres including an 80-acre (320,000 m2) lake. The Weequahic Park Historic District was added to the National Register of Historic Places on February 12, 2003, for its significance in architecture, community planning, and landscape architecture.
The Newark Public Library (NPL) is a public library system in Newark, New Jersey. The library system offers numerous programs and events to its diverse population. With eight different locations, the Newark Public Library serves as a Statewide Reference Center. The Newark Public Library is the public library system for the city of Newark, Essex County, New Jersey, United States. The library system boasts a collection of art and literature, art and history exhibits, a variety of programs for all ages. The library is home to author Philip Roth's collections.
U.S. Route 1/9 is the 31.0-mile-long (49.9 km) concurrency of US 1 and US 9 from their junction in Woodbridge in Middlesex County, New Jersey, north to New York City. The route is a multilane road with some freeway portions that runs through urbanized areas of North Jersey adjacent to New York City. Throughout most of its length in New Jersey, the road runs near the New Jersey Turnpike. In Fort Lee, US 1/9 merges onto I-95 and crosses the Hudson River on the George Washington Bridge, where the two U.S. Routes split a short distance into New York. US 1/9 intersects several major roads, including I-278 in Linden, Route 81 in Elizabeth, I-78 and US 22 in Newark, Route 139 in Jersey City, Route 3 and Route 495 in North Bergen, and US 46 in Palisades Park. US 1/9 also serves as the primary access point to Newark Airport. Between Newark and Jersey City, US 1/9 runs along the Pulaski Skyway. Trucks are banned from this section of road and must use Truck US 1/9. The concurrency between US 1 and US 9 is commonly referred to as "1 and 9". Some signage for the concurrency, as well as the truck route, combines the two roads into one shield, separated by a hyphen (1-9) or an ampersand (1&9).
The Freedman's Saving and Trust Company, known as the Freedman's Savings Bank, was a private savings bank chartered by the U.S. Congress on March 3, 1865, to collect deposits from the newly emancipated communities. The bank opened 37 branches across 17 states and Washington DC within 7 years and collected funds from over 67,000 depositors. At the height of its success, the Freedman's Savings Bank held assets worth more than $3.7 million in 1872 dollars, which translates to approximately $80 million in 2021.

City National Bank was a regional bank headquartered in Newark, New Jersey with four branches in the New York metropolitan area. According to the June 2011 issue of Black Enterprise magazine, it was the seventh largest African-American owned and operated commercial bank in the United States.
Prudential Financial is based in Newark, New Jersey, United States. It began as The Widows and Orphans Friendly Society in 1875, and for a short time it was called the Prudential Friendly Society. For many years after 1877 it was known as the Prudential Insurance Company of America, a name still widely in use. The company has constructed a number of buildings to house its offices in downtown in the Four Corners district. In addition to its own offices, the corporation has financed large projects in the city, including Gateway Center and Prudential Center. Prudential has over 5,000 employees in the city.
Weequahic is a neighborhood in the city of Newark in Essex County, in the U.S. state of New Jersey. Part of the South Ward, it is separated from Clinton Hill by Hawthorne Avenue on the north, and bordered by the township of Irvington on the west, Newark Liberty International Airport and Dayton on the east, and Hillside Township and the city of Elizabeth on the south. There are many well maintained homes and streets. Part of the Weequahic neighborhood has been designated a historic district; major streets are Lyons Avenue, Bergen Street, and Chancellor Avenue. Newark Beth Israel Medical Center is a major long-time institution in the neighborhood.
The following is a timeline of the history of the city of Newark, New Jersey, United States.
Investors Bank was a publicly traded, full-service bank that was based in Short Hills, New Jersey, USA. The bank operated over 150 branches across New Jersey and New York.
Clement Alexander Price was an American historian. As the Board of Governors Distinguished Service Professor of History at Rutgers University-Newark, Price brought his study of the past to bear on contemporary social issues in his adopted hometown of Newark, New Jersey, and across the nation. He was the founding director of the Institute on Ethnicity, Culture, and the Modern Experience at Rutgers; the vice chair of President Barack Obama's Advisory Council on Historic Preservation; the chair of Obama's transition team for the National Endowment for the Humanities; a member of the Scholarly Advisory Committee of the Smithsonian's National Museum of African American History and Culture; and a trustee of the National Trust for Historic Preservation. He is the namesake of the jazz club Clement's Place.
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Mildred C. Crump was a councilperson on the Municipal Council of Newark from 1994-1998 and again from 2006-2021, and is the first Black woman to serve on the city's governing body. She was the first African American Braille teacher in New Jersey. InsiderNJ called her "legendary". Former Mayor Luis A. Quintana said of her “I see her as someone who was a pioneer as an African-American female".
The Freedman's Bank Building, previously known as the Treasury Annex, is a historic office building located on the corner of Madison Place and Pennsylvania Avenue NW in Washington, D.C. It sits on the east side of Lafayette Square, a public park on the north side of the White House, and across from the Treasury Building. The adjoining properties include the Howard T. Markey National Courts Building to the north and the former Riggs National Bank to the east.

John Wesley Tann Jr was an American fashion designer. His clientele included Jacqueline Kennedy, Diahann Carroll, Carmen de Lavallade, Leontyne Price, Jennie Grossinger and several Miss Americas. His 1962 collection included several sari-inspired dresses.