Industry State Bank was founded as an institution involved in the progress of the town of Industry, Texas and the surrounding area. On February 9, 1911, a group of interested citizens took the initiative to begin the process of forming a bank in Industry. Its first name was the First Guaranty State Bank of Industry, and 100 shares of capital stock were initially divided and owned by 39 original shareholders. On March 18, 1911, a special meeting was held to approve a bid of $685 from Charles Rath, a builder from New Ulm, to erect a bank building. J.T. Colleton of Bellville, a bricklayer/ stonemason, was hired to install a 10x12 foot vault in the new building. On June 1, 1911, the First Guaranty Bank of Industry opened for business and was issued State Charter Number 726. So, in the period of four months, from February to June 1911, the bank organization was formed, state approval for forming a bank was obtained, a building was planned and built, and bank officers were hired and had to train themselves. On September 25, 1911, after four months of operation, the bank had its first state examination and received complimentary remarks in a letter to the directors from the banking commissioner. It was a good start to a long, prosperous enterprise.
Since then, Industry State Bank has served individuals and businesses in Austin, Colorado, Fayette, and Washington Counties. The main office is located in Industry with branch offices located in New Ulm and Columbus. A strong board of directors, with a vision and knowledge of banking, and a family of dedicated and experienced employees enable the bank to offer a wide array of banking products and services. In addition to depository and loan services, Industry State Bank offers MasterCard Debit Cards, Online Banking, Bill Pay, E-Statements, Mobile Banking with Check Deposit, ATMs at each location, insurance services, investment/brokerage services, and much more. If you're currently a customer of Industry State Bank, we appreciate your loyalty and support. If you are looking for a community bank that offers great banking products and services and a bank that will truly appreciate your business, Industry State Bank is the bank for you. We welcome the opportunity to have you as an Industry State Bank customer.