Industrial Bank

Status:Inactive as of 03/23/1989
 Absorption - Assisted
Successor Bank:MetroBank
Headquarters:Industrial Bank
6730 Capitol Avenue
Houston, TX 77011
Established:04/01/1944
FDIC Insurance:04/01/1944
FDIC Cert:#16131
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$64,773,000
Total Deposits:$65,314,000

History

1944-04-01Institution established: Original name:The Industrial State Bank of Houston, Texas
1979-03-20Changed name to The Industrial Bank of Houston
1982-02-02Changed name to Industrial Bank
1989-03-23Failed. Acquired with government financial assistance and subsequently operated as part of MetroBank, National Association (26937)
1998-10-26Reorganized.
2014-01-18Acquired MetroBank, National Association (26937) in HOUSTON, TX
2014-01-18Merged into and subsequently operated as part of East West Bank (31628) in PASADENA, CA
2014-01-18Acquired Metro United Bank (33401) in SAN DIEGO, CA