What Does Bank of Israel Do?

Total employees73
HeadquartersNew York
FoundedN/A

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.

Where Is Bank of Israel's Headquarters?

HQ Function

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.

Notable Features:

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.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The choice of a prominent and stable location in a major global financial hub reflects the bank's commitment to reliability, professionalism, security, and accessibility for its clients, underscoring its stature in the financial community.

Location:

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.

Street Address:

511 Fifth Avenue

City:

New York

State/Province:

NY

Country:

USA

Where Else Does Bank of Israel Operate Around the World?

Brooklyn, 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.

Staten Island, NY, USA

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.

Short Hills, NJ, USA

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.

Aventura, FL, USA

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.

Beverly Hills, CA, USA

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.

Buying Intent Signals for Bank of Israel

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

Who's Leading Bank of Israel? Meet the Executive Team

As of April 2025, Bank of Israel' leadership includes:

Ziv Biron - President & Chief Executive Officer
Lissa Baum - Executive Vice President, Chief Lending Officer
Uri Shusterman - Executive Vice President, Head of International & Domestic Private Banking
Michael Kessel - Executive Vice President, Chief Financial Officer
Eran Heffetz - Executive Vice President, Chief Operating Officer
Helene Sertznerm - Executive Vice President, Chief Risk Officer
Kenneth Hochberg - Executive Vice President, General Counsel & Corporate Secretary
Pia Murray - Executive Vice President, Chief Human Resources Officer

Who's Investing in Bank of Israel?

Bank of Israel has been backed by several prominent investors over the years, including:

Israel Discount Bank Ltd.

What Leadership Changes Has Bank of Israel Seen Recently?

Hire2
Exits0

IDB Bank strengthened its executive team with key appointments in its operational and human resources divisions over the past year, enhancing its leadership capabilities.

New Appointments:

Eran Heffetz, Eran Heffetz was appointed as EVP and COO, bringing extensive experience in banking operations, technology, and transformation to IDB Bank.
Pia Murray, Pia Murray joined IDB Bank as EVP and CHRO, tasked with leading the bank's human capital strategy and talent development.

What Technology (Tech Stack) Is Used byBank of Israel?

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.

Bank of Israel Email Formats and Examples

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

What's the Latest News About Bank of Israel?

Commercial ObserverDecember 7, 2023

IDB Bank Provides $26.2M Construction Loan for Brooklyn Multifamily Project

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 NewswireApril 18, 2023

IDB Bank Appoints Eran Heffetz as Chief Operating Officer

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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