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Israel Discount Bank of New York (IDB Bank or IDBNY) is a New York State-chartered commercial bank and a wholly owned subsidiary of Israel Discount Bank Ltd., one of Israel's leading financial groups. Established to serve the U.S. market, IDB Bank provides a full spectrum of domestic and international private and commercial banking services. Its core offerings include middle market lending, commercial real estate financing, C&I (Commercial and Industrial) lending, U.S.-based Israeli-related banking, asset-based lending, and comprehensive private banking and wealth management services. IDB Bank caters to a diverse clientele, including businesses, entrepreneurs, high-net-worth individuals, and non-profit organizations, with a focus on personalized service and building long-term relationships.
The headquarters serves as the central hub for executive management, strategic planning, corporate governance, and oversight of all U.S. operations. Key departments such as finance, risk management, legal, compliance, human resources, and core banking operations are based here.
Located in a prominent Midtown Manhattan building on Fifth Avenue, the headquarters benefits from a prestigious address and accessibility. Internally, the offices are designed to be modern, secure, and conducive to efficient banking operations and client meetings.
The work culture at the headquarters is professional, client-focused, and collaborative, reflecting the banking industry's standards with an emphasis on integrity, innovation, and service. Employees often experience a dynamic environment influenced by financial markets and a commitment to tailored client solutions.
The headquarters is pivotal for IDBNY's operations in the U.S., facilitating its role as a key financial partner for businesses and individuals, particularly those with ties to Israel or operating in its niche markets. Its Manhattan location places it at the center of U.S. finance and commerce.
As a wholly owned subsidiary of Israel Discount Bank Ltd. (one of Israel's largest banks), Israel Discount Bank of New York plays a crucial role in facilitating U.S.-Israel business and financial activities. It supports international trade finance, foreign exchange services, multicurrency accounts, and banking for individuals and businesses with global operations or interests. While its physical branches are concentrated in the U.S., its capabilities and network extend globally through its parent company, correspondent banking relationships, and specialized international banking services, effectively connecting clients to the Israeli market and other international financial centers.
511 Fifth Avenue
New York
NY
USA
Address: 1090 Avenue U, Brooklyn, NY 11223
Serves the diverse residential and commercial client base in Brooklyn, offering accessible banking solutions and fostering community relationships in a key New York City borough.
Address: 1494 Richmond Road, Staten Island, NY 10304
Provides convenient banking access for the Staten Island community, supporting local economic activity and personal financial goals with tailored services.
Address: 51 John F. Kennedy Pkwy, Suite 125, Short Hills, NJ 07078
Caters to the financial needs of the Northern New Jersey market, focusing on wealth management, business lending, and personalized banking experiences for a sophisticated clientele.
Address: 20801 Biscayne Blvd, Suite 402, Aventura, FL 33180
Serves as a key hub for South Florida's dynamic market and as a gateway for Latin American clients, offering specialized financial advisory and international banking services to high-net-worth individuals and businesses.
Address: 9401 Wilshire Blvd, Suite 720, Beverly Hills, CA 90212
Supports IDB Bank's presence in the significant California market, focusing on specialized financial solutions and relationship management for its West Coast clientele.
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As of April 2025, Bank of Israel' leadership includes:
Bank of Israel has been backed by several prominent investors over the years, including:
IDB Bank strengthened its executive team with key appointments in its operational and human resources divisions over the past year, enhancing its leadership capabilities.
Discover the tools Bank of Israel uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Israel Discount Bank of New York (IDBNY) commonly utilizes standard corporate email formats. The most prevalent pattern appears to be the first initial followed by the last name. Variations might exist depending on the department or individual.
[first_initial][last]@idbny.com
Format
jsmith@idbny.com
Example
80%
Success rate
Commercial Observer • December 7, 2023
Israel Discount Bank of New York (IDB Bank) provided $26.2 million in construction financing to Cheskel Kaufman’s Vivid Property Group for the development of a 56-unit multifamily rental building at 111 Steuben Street in the Williamsburg neighborhood of Brooklyn....more
PR Newswire • April 18, 2023
IDB Bank announced the appointment of Eran Heffetz as Executive Vice President and Chief Operating Officer (COO), effective April 17, 2023. Mr. Heffetz is responsible for overseeing the bank's operations, technology, and project management office....more
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