Local Church and Bank Forge Unique Partnership

634

The Ebenezer African Methodist Episcopal Church of Fort Washington, Md., a staple in the Prince George’s County and Washington, D.C. faith community, recently announced its partnership with the Industrial Bank of Washington, the oldest and largest Black-owned commercial bank in the metropolitan area.

“We are thrilled to have this new partnership with The Ebenezer African Methodist Episcopal Church of Fort Washington, Maryland,” said Patricia Mitchell, the bank’s executive vice president/director of retail sales operation, in a statement. “For the past 75 years, the faith-based community has been a key cornerstone in the foundation of Industrial Bank filled with a number of valued strategic partners. Because Ebenezer and Industrial have a longstanding commitment to serving and empowering the community, we are excited about all the good we hope to achieve in the years to come.”

Like many other institutions, Ebenezer felt the economic crunch last year as the economy faltered. The church searched for a financial lender who’d better suit its unique needs and found an ideal partner in Industrial Bank of Washington, also a community-serving organization.

According to Ebenezer, the relationship will allow the 10,000-member church to better serve the surrounding community.

“Ebenezer is excited about our new banking relationship with the Industrial Bank of Washington” said the Rev. Grainger Browning, senior pastor of Ebenezer, in a statement. “Industrial Bank’s mission and legacy of empowering, particularly in the African-American community, is a perfect complement to Ebenezer’s mission of spiritual empowerment in every area of one’s life. We look forward to working creatively with Industrial Bank of Washington as we spiritually and financially strengthen God’s church and the community.”

Ebenzer and Industrial Bank of Washington also hope to offer joint community service programs that will educate the community about financial preparedness and management.

Ebenezer currently has more than 100 ministries and a host of programs that support men, children and women, including the annual women’s retreat that draws 2,000 women from around the world.