Industrial Bank celebrated its 80th year with a reception featuring a number of Washington, D.C. luminaries. At the celebration, Industrial officials announced the bank is offering five grants totaling $80,000 for new businesses looking to invest in long-term success. Current Washington, D.C. Mayor Vincent Gray presented Industrial Bank President and CEO Doyle Mitchell with a proclamation from the city recognizing the bank's service to its communty. Mayor-Elect Muriel Bowser also spoke at the event, thanking Industrial Bank for its work and stressing the importance of teaching young people the value of saving.