|  | |
| Native name | בנק מסד | 
|---|---|
| Formerly | Massad Mutual Loans and Savings Company (until 1977) | 
| Type | Public | 
| Industry | Banking | 
| Founded | 1929 | 
| Headquarters | |
| Area served | Israel | 
| Key people | Gabriel Teitel (CEO)[1] | 
| Parent | First International Bank of Israel | 
| Website | www | 
History
Bank Massad was founded in 1929 as the Massad Mutual Loans and Savings Company (Hebrew: מסד חברה הדדית להלוואות וחסכונות בע"מ) by Histadrut HaMorim (Israel's teachers' trade union). Today it is a subsidiary of First International Bank (51%), jointly owned with Histadrut HaMorim.
See also
References
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