--- title: "Israel Discount Bank of New York SWIFT/BIC code IDBYUS33XXX · United States | Elucidate" description: "SWIFT/BIC code IDBYUS33XXX for Israel Discount Bank of New York, United States. 2 branch BICs, LEI MWFSX38ED3OPH2LWN965, addresses and Swift connectivity." url: https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33 --- 1. [Directory](https://elucidate.co/directory) 2. [United States](https://elucidate.co/directory/country/us) 3. Israel Discount Bank of New York United States · Financial institution # Israel Discount Bank of New York Israel Discount Bank of New York is a New York State-chartered commercial bank headquartered in Manhattan. It trades as IDB Bank and is a member of the Federal Deposit Insurance Corporation (FDIC). It is wholly owned by Discount Bancorp, Inc., a Delaware bank holding company controlled by Israel Discount Bank Ltd. of Tel Aviv. It provides commercial banking, US and international private banking and wealth management, with offices in New York, New Jersey, California and Florida. In 1980 the New York branch of its Israeli parent transferred its assets to the bank. BIC **IDBYUS33XXX** LEI **[MWFSX38ED3OPH2LWN965](https://search.gleif.org/#/record/MWFSX38ED3OPH2LWN965)** Licence no. **Not on a tracked register** Connected to Swift [**2** branch codes](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#branches) [Claim this profile](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#claim) ## Licences and registrations Matched by LEI on the 22 tracked registers None matched by LEI in the 22 tracked registers. - The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked. ## Swift network Swift’s ISO 9362 BIC directory - **BIC:** IDBYUS33XXX head office - **Connection to Swift:** Connected to Swift - **Swift GPI:** Not on the member list - **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC - **Branch codes:** [2 branch codes](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#branches) - **BIC first registered:** 1983-05-16 - **Last updated:** 2022-02-14 ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#overview-sources) Total assets USD 14.4bn This entity · 30 Jun 2026 · [regulatory filing ↗](https://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_320119) Employees 564 FTE · This entity · 30 Jun 2026 · [regulatory filing ↗](https://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_320119) Ownership Group subsidiary 100% Discount Bancorp, Inc. Institution type Commercial bank Trades as IDB Bank - **Ownership:** Discount Bancorp, Inc. holds 100% of the bank. According to KBRA, Israel Discount Bank Ltd. controls Discount Bancorp and sold a 15% stake in it to Gallatin Point Capital in 2024. - **Direct parent:** Discount Bancorp, Inc., United States 100% - **Ultimate owner:** Israel Discount Bank Ltd., Israel - **Head office:** 1114 Avenue of the Americas, 10036 New York, United States - **Company register:** FDIC cert 19977 (Federal Reserve RSSD ID 320119) ### Business lines - Corporate banking - Private banking & wealth - Transaction banking & payments - Leasing & factoring - Trade finance The bank serves middle-market commercial clients and high-net-worth private banking clients, with industry teams for commercial real estate, healthcare, high tech and Israel-related business. ### Online - **Websites & references:** [idbny.com ↗](https://www.idbny.com/) [Wikipedia ↗](https://en.wikipedia.org/wiki/IDB_Bank) - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/idbbank/) Sources · 12 pages consulted 1. [idbny.com/](https://www.idbny.com/) 2. [idbny.com/about-us/who-we-are](https://www.idbny.com/about-us/who-we-are) 3. [idbny.com/news-insights/a-new-chapter-rooted-in-relationships](https://www.idbny.com/news-insights/a-new-chapter-rooted-in-relationships) 4. [idbny.com/news-insights/idb-bank-appoints-david-park-as-president](https://www.idbny.com/news-insights/idb-bank-appoints-david-park-as-president) 5. [idbny.com/news-insights/idb-bank-names-avner-mendelson-as-next-president-and-ceo](https://www.idbny.com/news-insights/idb-bank-names-avner-mendelson-as-next-president-and-ceo) 6. [idbny.com/about-us/financial](https://www.idbny.com/about-us/financial) 7. [orders.fdic.gov/sfc/servlet.shepherd/document/download/0693d000008aKQSAA2?operationContext=S1](https://orders.fdic.gov/sfc/servlet.shepherd/document/download/0693d000008aKQSAA2?operationContext=S1) 8. [ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa\_320119](https://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_320119) 9. [kbra.com/publications/hMGkVgxC/kbra-affirms-ratings-for-israel-discount-bank-of-new-york](https://www.kbra.com/publications/hMGkVgxC/kbra-affirms-ratings-for-israel-discount-bank-of-new-york) 10. [pymnts.com/bank-regulation/2025/fdic-terminates-consent-orders-against-2-banks](https://www.pymnts.com/bank-regulation/2025/fdic-terminates-consent-orders-against-2-banks) 11. [fdic.gov/resources/resolutions/resolution-authority/resplans/plans/idb-165-1612.pdf](https://www.fdic.gov/resources/resolutions/resolution-authority/resplans/plans/idb-165-1612.pdf) 12. [en.wikipedia.org/wiki/IDB\_Bank](https://en.wikipedia.org/wiki/IDB_Bank) ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#overview-sources) - **Chief executive:** Avner Mendelson Chief Executive Officer & President Confirmed 29 Sep 2026 · [idbny.com ↗](https://www.idbny.com/about-us/who-we-are) - **Executive:** Raja Dakkuri Deputy Chief Executive Officer Confirmed 29 Sep 2026 · [idbny.com ↗](https://www.idbny.com/about-us/who-we-are) - **Executive:** Nisan Blum Executive Vice President, Risk & Compliance Management Confirmed 29 Sep 2026 · [idbny.com ↗](https://www.idbny.com/about-us/who-we-are) ## Supervisors & regulators Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#overview-sources) - **United States:** New York State Department of Financial Services Prudential supervisor AML supervisor - **United States:** Federal Deposit Insurance Corporation Prudential supervisor AML supervisor Resolution ## Recent events 2 enforcement or investigation items Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33#overview-sources) 1. Jan 2026 Leadership The bank appointed David Park as President of Commercial Banking, effective 5 January 2026. [idbny.com ↗](https://www.idbny.com/news-insights/idb-bank-appoints-david-park-as-president) 2. Oct 2025 Enforcement The FDIC terminated its May 2023 consent order concerning deficiencies in the bank's AML/CFT programme. [pymnts.com ↗](https://www.pymnts.com/bank-regulation/2025/fdic-terminates-consent-orders-against-2-banks) 3. May 2025 Leadership Avner Mendelson succeeded Ziv Biron as President and Chief Executive Officer on 1 May 2025. [idbny.com ↗](https://www.idbny.com/news-insights/idb-bank-names-avner-mendelson-as-next-president-and-ceo) 4. Aug 2024 Other Israel Discount Bank Ltd. sold a 15% stake in holding company Discount Bancorp, Inc. to Gallatin Point Capital for USD 150 million. [kbra.com ↗](https://www.kbra.com/publications/hMGkVgxC/kbra-affirms-ratings-for-israel-discount-bank-of-new-york) 5. May 2023 Enforcement The FDIC issued a consent order citing weaknesses in the bank's AML/CFT programme. The bank consented without admitting or denying the charges. [orders.fdic.gov ↗](https://orders.fdic.gov/sfc/servlet.shepherd/document/download/0693d000008aKQSAA2?operationContext=S1) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source. ## Identifiers Head-office record - **BIC:** IDBYUS33XXX - **How the BIC breaks down:** 1. IDBY Bank 2. US Country · United States 3. 33 Location 4. XXX Branch · head office - **Branch description:** Not recorded in the directory - **LEI:** MWFSX38ED3OPH2LWN965 - **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/MWFSX38ED3OPH2LWN965) - **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Profile - **Type:** Financial institution - **Regulation:** Not on a tracked register - **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked. - **Country · region:** United States · North America - **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17 - **OFAC sanctions:** No listing cites this BIC - **EU sanctions:** No listing matched this BIC or its LEI - **Country sanctions:** No country programme Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated. ## Ownership and group GLEIF relationship records GLEIF’s relationship records name no parent for this LEI, and no group page is published for it. ## Addresses - **Registered address:** 1114 AVENUE OF THE AMERICAS NEW YORK 10036 UNITED STATES OF AMERICA - **Operational address:** 1114 AVENUE OF THE AMERICAS NEW YORK,NY NEW YORK,NY 10036 UNITED STATES OF AMERICA ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC. - **Identified by:** BIC, with its LEI - **Roles in CBPR+:** Any agent, including the instructing and instructed agents ### CBPR+ For cross-border payments on Swift: the BIC, with the LEI and clearing code where known ```xml IDBYUS33XXX MWFSX38ED3OPH2LWN965 ``` ### Full record Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC ```xml IDBYUS33XXX MWFSX38ED3OPH2LWN965 ISRAEL DISCOUNT BANK OF NEW YORK NEW YORK US 1114 AVENUE OF THE AMERICAS NEW YORK 10036 ``` The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use. ## Network ### Branch network All 2 branch BICs connect to the head office. They are all in New York, and no function or registration year splits them further. ### Branch codes | BIC | Branch | City | Address | LEI | Updated | | --- | --- | --- | --- | --- | --- | | [IDBYUS33LAS](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33-las) | — | New York | 1114 AVENUE OF THE AMERICAS NEW YORK,NY NEW YORK,NY 10036 UNITED STATES OF AMERICA | — | 2025-05-03 | | [IDBYUS33MIA](https://elucidate.co/directory/israel-discount-bank-of-new-york-idbyus33-mia) | — | New York | 1114 AVENUE OF THE AMERICAS NEW YORK,NY NEW YORK,NY 10036 UNITED STATES OF AMERICA | — | 2025-05-03 | [See every BIC in United States →](https://elucidate.co/directory/country/us#bics) ## Related institutions ### Largest institutions in the United States - [Citadel Advisors LLC BIC CITGUS44 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 549300SHI4D0QGWI8X45](https://elucidate.co/directory/citadel-advisors-llc-citgus44) - [Brown Brothers Harriman and Co BIC BBHCUS3I Financial institution Not on a tracked register United States · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/brown-brothers-harriman-and-co-bbhcus3i) - [State Street Bank and Trust Company BIC SBOSUS3T Financial institution Not on a tracked register United States · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/state-street-bank-and-trust-company-sbosus3t) - [Sei Private Trust Company BIC SEICUS33 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 254900F25IGTY0ETFV15](https://elucidate.co/directory/sei-private-trust-company-seicus33) - [State Street Bank and Trust Company BIC SBOSUS3C Financial institution Not on a tracked register United States · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/state-street-bank-and-trust-company-sbosus3c) - [BNP Paribas BIC BNPAUS31 Financial institution Not on a tracked register United States · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bnp-paribas-bnpaus31) - [State Street Bank and Trust Company BIC SBOSUSQ1 Financial institution Not on a tracked register United States · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/state-street-bank-and-trust-company-sbosusq1) - [Citadel Securities LLC BIC CITGUS33 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 12UUJYTN7D3SW8KCSG25](https://elucidate.co/directory/citadel-securities-llc-citgus33) [See every BIC in United States →](https://elucidate.co/directory/country/us#bics) Claim this profile ## Work at Israel Discount Bank of New York? Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page. 1. 01 **Submit** Tell us who you are, using your work email. 2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days. 3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time. Sources & method Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name. Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists. The sanctions facts on this page cover the BIC and its LEI only. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Credits for this page - **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a BIC A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.