- -----------------------------------
|          OMB APPROVAL           |
| OMB Number:           3235-0167 |
| Expires: October 31, 2001       |
| Estimated average burden        |
| hours per response. . . .  1.50 |
- -----------------------------------

                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549

                                   FORM 15

        Certification and Notice of Termination of Registration under
            Section 12(g) of the Securities Exchange Act of 1934
                or Suspension of Duty to File Reports Under
                  Sections 13 and 15(d) of the Securities
                            Exchange Act of 1934.

                      Commission File Number   0-026248
                                               --------

                          INDUSTRIAL BANCORP, INC.
                          ------------------------
           (Exact name of registrant as specified in its charter)

     211 North Sandusky Street, Bellevue, Ohio  44811      (419) 483-3375
     --------------------------------------------------------------------
      (Address, including zip code, and telephone number, including area
             code, of registrant's principal executive offices)

                    Common shares, no par value per share
                    -------------------------------------
          (Title of each class of securities covered by this Form)

                                     None
                                     ----
         (Titles of all other classes of securities for which a duty
            to file reports under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

    Rule 12g-4(a)(1)(i)     [X]      Rule 12h-3(b)(1)(i)      [ ]
    Rule 12g-4(a)(1)(ii)    [ ]      Rule 12h-3(b)(1)(ii)     [ ]
    Rule 12g-4(a)(2)(i)     [ ]      Rule 12h-3(b)(2)(i)      [ ]
    Rule 12g-4(a)(2)(ii)    [ ]      Rule 12h-3(b)(2)(ii)     [ ]
                                     Rule 15d-6               [ ]

Approximate number of holders of record as of the certification or notice
date:
                                     None
                                     ----

      Pursuant to the requirements of the Securities Exchange Act of 1934,
Foundation Bancorp, Inc. has caused this certification/notice to be signed
on its behalf by the undersigned duly authorized person.

DATE:  July 1, 2001                    BY:  /s/ David M. Windau
                                            -----------------------------
                                            David M. Windau, President of
                                            Industrial Bancorp, Inc.

Instruction:  This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934.
The registrant shall file with the Commission three copies of Form 15, one
of which shall be manually signed.  It may be signed by an officer of the
registrant, by counsel or by any other duly authorized person.  The name and
title of the person signing the form shall be typed or printed under the
signature.