Union Bank of Israel

By November 15, 2022, all Igud Bank customers were transferred to Mizrahi-Tefahot.

On 31 December, 2022, the merger process was completed entirely, and "Igud" ceased to exist as an entity.

[3] Bank Igud was founded in 1951 by the Economic Company for Israel from New York and the Palestine Association from London.

[4] This continued the banking operations of the Palestine Association, which had been active in the Land of Israel since 1922.

When the Diamond Exchange was established, diamond trading also took place in the building where the bank's offices were located in Tel Aviv, thus establishing a connection between this sector and the bank.