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City National Bank of New Jersey's Overview

Total employeesRefer to Industrial Bank for current employee count; CNB of NJ had approximately 50-100 employees pre-acquisition.
HeadquartersNewark
Founded1973

City National Bank of New Jersey, founded in 1973, was a community bank dedicated to serving the financial needs of individuals, small businesses, and non-profit organizations primarily in New Jersey and New York. It was one of the few Black-owned banks in the United States, with a mission to provide access to capital and financial services in underserved communities. In 2019, City National Bank of New Jersey was acquired by Industrial Bank, a Washington, D.C.-based, Black-owned bank. This acquisition allowed Industrial Bank to expand its footprint into New Jersey and New York, continuing the legacy of community-focused banking established by City National Bank of New Jersey.

Where is City National Bank of New Jersey's Headquarters?

HQ Function

Historically, this building served as the main administrative and operational center for City National Bank of New Jersey, overseeing branch operations, loan processing, customer service, and strategic planning. Post-acquisition, it functions as a key Industrial Bank branch in New Jersey.

Notable Features:

Located in a central business district of Newark, the building was easily accessible to the community it served. It represented a significant Black-owned financial institution in the region.

Work Culture:

The work culture at City National Bank of New Jersey was characterized by a strong commitment to community service, personalized customer relations, and fostering local economic development. This ethos is aligned with Industrial Bank's values.

HQ Significance:

The headquarters was highly significant as the base of operations for one of the nation's minority depository institutions, playing a crucial role in providing financial services and support to minority communities and businesses in New Jersey.

Values Reflected in HQ: The headquarters historically reflected values of community empowerment, financial inclusion, and dedicated customer service. These values are now carried forward by Industrial Bank in its operations at this location.

Location:

City National Bank of New Jersey historically operated within the United States, specifically in New Jersey and New York. Since its acquisition by Industrial Bank, its operations are part of Industrial Bank's network, which primarily serves communities in Washington, D.C., Maryland, New Jersey, and New York. Neither bank had or has a significant international global presence, focusing instead on domestic community banking.

Street Address:

900 Broad Street

City:

Newark

State/Province:

NJ

Country:

USA

City National Bank of New Jersey's Global Presence

Brooklyn, NY, USA

Address: 481 Utica Avenue, Brooklyn, NY 11203

To provide accessible banking services, promote financial literacy, and support economic development within the diverse Brooklyn borough.

Harlem, NY, USA

Address: 280 Malcolm X Boulevard, New York, NY 10027

To support the financial needs and economic vitality of the historic Harlem neighborhood, offering personal and business banking solutions.

Buying Intent Signals for City National Bank of New Jersey

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of City National Bank of New Jersey

As of April 2025, City National Bank of New Jersey' leadership includes:

B. Doyle Mitchell, Jr. - President & Chief Executive Officer, Industrial Bank
Patricia A. Mitchell - Executive Vice President & Chief Impact Officer, Industrial Bank
Welton A. Wing - Executive Vice President & Chief Credit Officer, Industrial Bank
Brandon M. Neal - Executive Vice President & Chief Banking Officer for Commercial and Retail, Industrial Bank

Investors of City National Bank of New Jersey

City National Bank of New Jersey has been backed by several prominent investors over the years, including:

Historically, City National Bank of New Jersey was a privately held, community-focused bank, likely with capital from local investors and community stakeholders. Post-acquisition, it is part of Industrial Bank, which is also a privately held, family-controlled institution (Mitchell family).

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

As City National Bank of New Jersey was acquired by Industrial Bank in 2019, all executive leadership is now managed by Industrial Bank. No specific high-profile executive hires or exits directly attributed to the former CNB of NJ operations within Industrial Bank have been publicly announced in the last 12 months. Leadership changes occur at the Industrial Bank corporate level.

Technology (Tech Stack) used by City National Bank of New Jersey

Discover the tools City National Bank of New Jersey uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

City National Bank of New Jersey Email Formats and Examples

Industrial Bank, which acquired City National Bank of New Jersey, likely uses standard corporate email formats. Common formats include [first_initial][last]@industrial-bank.com or [first].[last]@industrial-bank.com. For official communications, it is always best to use the contact forms or customer service channels provided on the official Industrial Bank website.

f[last]@industrial-bank.com (e.g., jdoe@industrial-bank.com)

Format

bdmitchell@industrial-bank.com (example based on common format for B. Doyle Mitchell, Jr.)

Example

70%

Success rate

News and media

American BankerNovember 1, 2019

D.C.'s Industrial Bank to acquire New Jersey's City National

Industrial Bank in Washington D.C. announced its agreement to acquire City National Bank of New Jersey in Newark. This merger combined two historic Black-owned banks, expanding Industrial Bank's presence into New Jersey and New York....more

ROI-NJFebruary 12, 2020

Newark-based City National Bank completes merger with D.C.’s Industrial Bank

City National Bank of New Jersey officially completed its merger with Industrial Bank. The deal strengthened Industrial Bank's position as one of the largest Black-owned banks in the U.S. and expanded its services to City National's former customers in New Jersey and New York....more

Industrial Bank WebsiteJuly 10, 2023

Industrial Bank Continues Support for Small Businesses in NJ/NY Region

Industrial Bank has reaffirmed its commitment to supporting small and minority-owned businesses in the New Jersey and New York markets, including those areas previously served by City National Bank of New Jersey, through various lending programs and community partnerships....more

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