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IBW Financial Corporation · Washington, DC United States (Pink Sheets: IBWC)

4812 Georgia Ave. NwPhone: 202-722-2000
WashingtonDCFax: 202-722-2040
20011
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IBW Financial Corporation Rankings

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Company Description

IBW Financial is the holding company for Industrial Bank, one of the largest minority-owned banks in the US. Catering to the African-American community in and around Washington, DC, the bank offers standard personal and commercial services, such as checking and savings accounts, debit cards, and cash management. It primarily writes real estate loans, with residential mortgages and commercial mortgages each accounting for nearly 40% of its portfolio. Industrial Bank has about 10 branches and loan production offices in Washington, DC and nearby parts of Maryland. The Mitchell family, including CEO B. Doyle Mitchell Jr., whose grandfather founded the bank in 1934, holds a controlling stake in IBW Financial.

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Financials

Company TypePublic - Pink Sheets: IBWC Headquarters
Fiscal Year-EndDecember
2009 Employees137

Executives

11 executives listed for IBW Financial Corporation's Washington, DC location.

ChairmanClinton ChapmanE-mail
President, CEO, and Director; President and CEO, Industrial BankB. Doyle MitchellE-mail
SVP and COO, Industrial BankRodney EppsE-mail

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