Industrial Bank President and CEO Doyle Mitchell won the National Newspaper Publishers Association Torch Award for Business, an award that honors black business leaders. Industrial Bank, which was founded in 1934 in Washington, D.C., is the only remaining African American-owned institution of its kind in the district. “Our service and our staff are better because we sincerely care about our customers more than other banks do,” said Mitchell. “And that’s pretty obvious, given what happened in the economy in the last five years. Clearly mortgage bankers and a lot of other bankers took advantage of a lot of people. We simply don’t do that. We don’t have that culture in our banks.”