Member Stories
Industrial banks are financial lifelines for thousands of Main Street businsses in America.
Industrial Banks Meet Real Needs for Real Americans
Industrial banks are one of America’s most reliable engines of consumer and small business loans, payments, and community support, weathering every economic cycle with a safety record that is the envy of the industry. Congress created the modern industrial bank to serve market needs that other banks overlook.
For small manufacturers, gig workers, and thousands of other Main Street businesses, industrial banks are financial lifelines.
They looked at my business plan and I could tell right away that they were actually looking for a reason to say, “Yes.”
— Jared Anderson, Owner
Junction Bike Company
Every year our regulators conduct more than a dozen targeted, in-depth reviews both from a safety and soundness and a consumer compliance perspective.
— Bruce Bowman, President
Comenity Capital Bank
In April 2020, we went through a massive campaign to help our dealers. We issued 465 loans for over $500 million dollars, helping to protect over 40,000 jobs.
— Mara McNeill, President & CEO
Toyota Financial Savings Bank
What a traditional bank doesn't give you, Square gives you. Which is the access to your cash flow.
— Stephanie Figueroa & Juan Saravia, Co-Owners
La Pupusa Urban Eatery
We chose Utah because it is a state with a thriving ILC community and a business-friendly culture. By chartering a new bank here we can give families access to the credit they need.
— Andrea Moss, President & CEO
Nelnet Bank