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For three-month terms, the fee is 90 days of interest. for helping us throw an amazing @SparkFishers. First Internet Bank has one personal savings account for adults: Free Savings. In his current role, Mr. Fortner is focused on implementing technology solutions to improve efficiency and drive growth. subject matter experts, Along with personal banking services,. ATMs nationwide. Our employees take pride in the supportive and collaborative culture they have built, said First Internet Bank President and CEO David Becker. Personal banking products with fresh ways to growth wealth like our free FirstRewards Checking rewards you with interest and refunds your out of network ATM fees. . Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Previous experience includes roles with FORUM Credit Union and Monroe Bank. CDs from First Internet Bank offer high-yield interest earning in exchange for letting your money sit for a longer term. We recognize that everyone brings a different set of experiences and a unique vantage point that provide distinctive ideas, strategies and solutions to our business. Founded by technology entrepreneur David Becker, First Internet Bank (the "Bank") opened in February 1999 as the first wholly online-based bank in the United States. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. He most recently served as Senior Vice President, Investor Relations and Corporate Development for First Financial Bancorp, a publicly traded bank holding company headquartered in Cincinnati, Ohio. The Bank also offers commercial real estate loans, commercial and industrial loans and treasury management services. Learn more Community Scorecard The health and happiness of the places we call home matter to us. Full-time employees are eligible for three weeks of paid time off plus paid holidays, exceptional insurance benefits, 401(k) retirement savings and health savings accounts with a generous company match program. Grow your business. Mr. Becker also serves on the Board of Trustees for DePauw University. Ms. Lorch earned a bachelor's degree from DePauw University and an MBA from Indiana University Kelley School of Business. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. With assets of $4.2 billion as of March 31, 2021, the Bank provides. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. First Internet Bank is a wholly owned subsidiary of First Internet Bancorp (Nasdaq: INBK). This marks the eighth consecutive year First Internet Bank has been selected for this honor. Nicole S. Lorch President and Learn more, We loan out billions, and we do our loan processing in-house, so you can get approved and funded fast for your next car, truck, motorcycle, boat or RV. FIRSTREWARDS CHECKING Matthew Goldberg is a consumer banking reporter at Bankrate. We use those rare situations as an opportunity to make improvements because we're committed to providing a better banking experience. No, First Internet Bank of Indiana is an online bank with no physical branches. #EnablingYou #YouFirst. Enterprise Data Office - Director of Production and Operations. Most of the banks accounts come with a free ATM card and access. As employees, we do it because we are passionate about helping others. First Internet Bank of Indiana Headquarters 8701 E 116th St Fishers, IN 46038 See all branch locations Visit Bank Website Overview Deposit Rates Loan Rates Branches Climate Financial Details FAQs Reviews 2023 Overview General Bank Information First Internet Bank of Indiana is an FDIC insured institution located in Fishers, IN. But the $4,000 minimum balance needed to waive the money market accounts monthly fees may not be ideal for many potential customers. Previous experience includes leadership positions at Stonegate Mortgage and Cracker Barrel Old Country Store. You need options when it comes to your bank accounts and we can help. In 2021, First Internet . Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. For homeowners with 700+ credit score No annual fee if you draw within the first 60 days Bankrate follows a strict Bankrate has answers. First Internet Bancorp is a bank holding company that operates First Internet Bank of Indiana, sometimes called First Internet Bank or First IB, an early state-chartered, Federal Deposit Insurance Corporation -insured institutions to operate without physical branches. All Rights Reserved. First Internet Bank offers a host of personal banking products, including several high-yield interest-earning accounts, lending solutions and business services. It was also the first state-chartered, FDIC-insured Internet bank. Thank you for your patience as we improve our offerings. Our experts have been helping you master your money for over four decades. The offers that appear on this site are from companies that compensate us. Personal Banking Your best life is closer than you imagined. Both accounts require small opening deposits. Online Banking Online Banking At First Bank, we understand that online banking is much more than an added convenience. https://www.businesswire.com/news/home/20210608005785/en/, Media Contact: We are an independent, advertising-supported comparison service. FISHERS, Ind.--(BUSINESS WIRE)-- Ever. Mr. Becker also serves on the Board of Trustees for DePauw University. To learn more about the EPPA,click here. Employment is determined by job requirements, individual qualifications and business needs. We are rooted in tradition but constantly leaning towards the future. Home equity line of credit (HELOC) calculator. Theres even an option for text banking, although its limited to checking balances and recent transactions. As a small business owner and former financial advisor, Daphne has first-hand experience with the challenges individuals face in making smart financial choices. Were committed to creating an inclusive and diverse environment by ensuring equal opportunity for all job applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, age or other legally protected characteristics. We make it fast and easy to get the money you need. Executive Vice President and Chief Financial Officer, Kenneth J. Lovik Executive Vice President and Chief Financial Officer. First Vice President,Chief Marketing Officer, Nick Simulia First Vice President,Chief Marketing Officer. Like most banks, First Internet Bank imposes a fee for making more than six transfers or withdrawals each month. Fraudsters are using the publicity around the Coronavirus to pose as genuine organisations, including bank staff, government and/or health service officials. Estimated: $39,000 - $51,000 a year. Mei H. Bloechl Fox Valley 920-236-8605 NMLS ID: 472232 Lender Profile. Ryan Hecker so you can trust that were putting your interests first. COVID-19 Information. 888-763-7600. In 2008, he was inducted into the Junior Achievement-sponsored Central Indiana Business Hall of Fame and was granted the prestigious Lifetime Achievement Award in Mentoring by College Mentors for Kids in 2015. We recognize that everyone brings a different set of experiences and a unique vantage point that provide distinctive ideas, strategies and solutions to our business. You need at least a daily average of $500 in your Interest Checking account to waive the $10 monthly service fee. Additional information about the Bank, including its products and services, is available at www.firstib.com. Withdrawals from First Internet Bank CDs made before it reaches maturity are subject to an early withdrawal penalty between 90 and 360 days worth of interest depending on the CD term. From our founding, First Internet Bank has been leading with innovation. The banks website also allows you to chat with relationship bankers. He is also active in the community, serving as a board member of OneZone which represents the combined Carmel and Fishers Chambers of Commerce. Please note the following Federal Reserve Bank holidays on which Bank First is closed. Account holders also get up to $10 per month in ATM fee reimbursements. David Becker is the Chairman and CEO of First Internet Bancorp (NASDAQ: INBK), a bank holding company with assets of approximately $4.2 billion as of December 31, 2021. And its not uncommon to be invited to pitch-ins, impromptu cornhole or basketball tournaments or other social events that provide opportunities to interact, both inside and outside the office. Competitive APY First Internet Bank business savings accounts earn interest at a rate of 0.90%, and customers are required to make a minimum opening deposit of $100 to open an account. Contact security, NMLS #401915 2019 First Financial Bank NA, Large Business Loans | Commercial Lending, Real Estate / Commercial Construction Loans, No annual fee if you draw within the first 60 days. Customers can manage their accounts, view transaction history, pay bills, transfer funds and make mobile check deposits. who ensure everything we publish is objective, accurate and trustworthy. First Internet Bank of Indiana checks most of the boxes if youre looking for full-service banking online. We opened our virtual doors on February 22, 1999, as an industry pioneer in the branchless delivery of banking services. The Bank is a wholly-owned subsidiary of First Internet Bancorp (Nasdaq: INBK). Online Bill Pay has you covered. A Home Equity Line of Credit may be the right option for you. There is a $5 monthly fee, though its waived with an average daily balance of $4,000. First Internet Bank of Indiana is one of the best online banks because of its low fees, free checking account with a low opening deposit requirement, and competitive rates on CDs and its. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Customer Service. Member FDIC. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Earlier in his career, Mr. Lovik worked at the public accounting firm of Price Waterhouse, LLP. He received his bachelors degree from Wabash College and his Juris Doctor (JD) degree from Indiana University Maurer School of Law. Ms. Sharkey is a graduate of Indiana University Kelley School of Business. Based in Bradford, England, it specialises in credit cards, online loans and consumer vehicle finance. Want to pay your monthly bills in one convenient location? Grow your savings. Open and manage a personal checking or savings account online. 4 First Internet Bank reviews. WARNING: Please be aware that email messages are not secure and should not contain any confidential information such as social security numbers, account numbers, passwords or personal identification numbers (PINS). And personal connections are built on trust and understanding. All reviews are prepared by our staff. The minimum required to open the account is very low. Should you accept an early retirement offer? Weve maintained this reputation for over four decades by demystifying the financial decision-making View Rates Choose the Checking That's Right for You Use our new product wizard to find the checking account that will be best for your unique financial situation. All CDs require a minimum of $1,000 to open one; thats manageable compared to some banks but could limit some customers who have less money to deposit. He founded and serves as Chairman and CEO of First Internet Bancorps subsidiary, First Internet Bank, which opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. There are eight CD term options ranging from three months to five years, earning up to 4.39% APY. We have you covered. All Rights Reserved. Mr. Becker has a 40-year career of creating successful entrepreneurial companies in financial services technology (fintech) and software-as-a-service (SaaS), having created and sold five Inc. 500 companies. Were looking for self-starters with an aptitude to take initiative, thrive in a fast-paced and entrepreneurial environment, maintain unquestionable integrity and a desire to help others. Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. For terms from 6-months to 18-months, the fee is 180 days of interest. Bankrates ever-growing list of bank and credit union reviews is updated regularly. Silicon Valley Bank headquarters in Santa Clara, California, US, on . 50 States We're passionate about serving our customers across the country and around the corner. This is a 13.7% increase from the previous quarter. Matt grew from one of the company's top producers into one of the company's top regional manager. Compare average salaries by job title and skillset. Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. Our goal is to give you the best advice to help you make smart personal finance decisions. The bank was founded in 1997 by entrepreneur . Our friendly, experienced Relationship Managers are standing by to guide you through the process. Check out your options, No matter where you are in life or even your credit journey, we have a card for you. He began his career working at the public accounting firm of Deloitte & Touche where he served clients within the banking and financial services industries. For more information about EEO rights, pleaseclick here. First Internet Bank is full of imaginative, hardworking folks who enjoy being a part of something meaningful and were always looking to add to our team. First Internet Bank believes in investing in our communities. Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. Community First Bank of Indiana is a great bank with friendly staff, who are easy to deal with. Working as an extension of our full-time teams, interns gain real-world experience through practical, hands-on projects and have the opportunity to pitch innovative ideas and present what theyve learned during the program to senior management. Please try again later. "Our employees take pride in the supportive and collaborative . Earn points for every dollar you spend, zero fraud liability and no annual fees are among just a few of the benefits. (Despite recent Regulation D changes, banks can still charge a fee for excessive withdrawals.). Medical Staff Bank. Weve been honored within the banking industry, recognized for our service to the community and acknowledged as a great place to work! First Vice President, Senior Credit Administration Officer, John Reed First Vice President, Senior Credit Administration Officer. Yes, First Internet Bank of Indiana offers both business and commercial banking solutions, including deposit accounts and lending options. Elizabeth Anne Bittner Two Rivers 920-652-3404 NMLS ID: 774481 Lender Profile. While we adhere to strict Additional information about the Bank, including its products and services, is available at www.firstib.com. This savings account requires only $25 to open and earn interest, and theres no monthly maintenance fee. Opening a savings account requires a minimum opening deposit of $25. The terms range from three months to five years. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Locations Lost/Stolen Card BankFirst News Checking & Savings Certificates of Deposit (CDs) Wealth Management Home Loans With assets of $4.2 billion as of March 31, 2021, the Bank provides consumer and small business deposits, consumer loans, residential mortgages and specialty finance services nationally. Samantha Marie Behnke Denmark 920-328-1193 NMLS ID: 808417 Lender Profile. Director of Corporate Administration The Bank also offers commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services. As Production and Operations Manager for BB&T's Enterprise Data . The full-service online bank was founded in Indiana in 1999 and continues to operate entirely online. Turning to First Internet's financial report: The bank reported annual profit in 2022 of $35.5 million, or $3.70 in diluted earnings per share, as compared with $48.1 million, or $4.82 per share . Mr. Dusing has more than 35 years of public financing experience. . Online & Customer Service Questions Use our new product wizard to find the checking account that will be best for your unique financial situation. close. She represents the views of First Internet Bank as a member of the Community Depository Institutions Advisory Council of the Federal Reserve Bank of Chicago. Founded Date 1999. David Becker is the Chairman and CEO of First Internet Bancorp (NASDAQ: INBK), a bank holding company with assets of approximately $4.5 billion as of December 31, 2022. . Some accounts will reimburse ATM fees up to a limit. That means we take the time to get to know you and provide the right solutions for your every need - from savings and checking accounts, to investments, loans and more. Mr. Lovik received a bachelors degree in Accountancy from Northern Illinois University and an MBA in Finance from Indiana University Kelley School of Business. Working with First Financial Bank provides you access to hundreds of dealers in the area. It requires a $100 opening deposit. At First Internet Bank, we embrace all backgrounds and beliefs, and promote a sense of belonging across the organization. We'd love to hear from you, please enter your comments. All of our content is authored by With so many financial institutions to choose from, it can be hard to know who to trust. Free Checking is First Internet Banks other checking option. It offers checking accounts, a savings account, a money market account and CDs. First Internet Bank is a full-service online bank. Previously, Mr. Quinn was Senior Vice President at First Indiana Bank where he was responsible for the consumer finance area, including secondary marketing and wholesale lending. This compensation comes from two main sources. www .firstinternetbancorp .com. First Internet Bank is one of the Top Workplaces in Central Indiana , placing third among midsized companies (150-399 employees). He received his bachelors degree from Florida State University and a masters degree in Communications from the University of Alabama. First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. Fields marked with an * are required Name * Business Name City * State * Email * Phone Number Preferred Method of Contact * What product are you interested in? First Command. For many of our customers, accessing account information, transferring funds between accounts and paying bills online has become an absolute necessity. During a Senate Finance Committee . Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. First Internet Bank participates in E-Verify, web-based system that allows enrolled employers to confirm the eligibility of their employees to work in the United States. Sign In. Sign In Hide Tile. They are a positive influence within our community, as well as treat customers of their bank like friends/family when you walk in. Click herefor more information about FMLA rights. Despite its moderate rate on savings, First Internet Bank offers competitive yields on its money market account, interest-bearing checking account and CDs. Food First - Information For Staff. Investor Type Venture Capital. Chief Operating Officer. Call us toll free at 800-511-0045. Bankrate follows a strict editorial policy, He since transitioned to Vice President CRE Relationship Manager and was promoted to First Vice President, Commercial Real Estate in March 2021. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Closer to home, Ms. Lorch serves her community on advisory boards for the Indianapolis Neighborhood Housing Partnership (INHP) and the Hamilton County Community Foundation. NOTICE: We are currently upgrading our online services. First Vice President, Commercial Real Estate, Nick Campbell First Vice President, Commercial Real Estate. The Company's subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. First Internet Bank of Indiana offers a few other accounts outside of its traditional bank account offerings: Along with personal banking products, First Internet Bank has a host of lending services available to its customers: As one of the oldest online banks, it makes sense that First Internet Bank of Indiana offers both online and mobile banking. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. Bankrate.com is an independent, advertising-supported publisher and comparison service. The free checking account doesnt reimburse ATM fees. 507-337-4030 Marshall Staff Alyssa Newborg Assistant Cashier / Senior Customer Service Representative 507-658-3311 Ruthton Amy Korman Personal Banker / Market Manager 507-247-5531 Tyler Andrea Babcock Operations Specialist 507-823-4391 Russell Angela Plaetz Personal Banker 507-747-2214 Lucan Angela Sippel Customer Service Representative All Rights Reserved. About First Internet Bank. With an initial deposit requirement of $25, First Internet Bank of Indiana provides a very accessible free checking account. Tom Smith First Vice President, Commercial Banking. The annual rankings recognize leading companies in Central Indiana as determined through employee surveys. 4.240% APR. He has held numerous community leadership roles, including board service for TechPoint, a change agent for Indianas technology industry and their Foundation for Youth, which promotes STEM education programs for Indiana students; Central Indiana Community Foundation (CICF), a public charity established to improve philanthropic services supporting the Central Indiana region; and Central Indiana Corporate Partnership, an alliance of CEOs and university presidents working to promote economic growth. They are claiming to help keep your money safe, or to offer investment and / or medical advice at a cost. SAN FRANCISCO and FISHERS, Ind., Oct. 18, 2022 /PRNewswire/ -- Treasury Prime, a leading Banking-as-a-Service (BaaS) company, today announced a formal agreement with First Internet Bank to make . But its rate isnt as competitive when compared to the best online savings accounts. For more information about First Internet Bank, or to learn more about career opportunities visit firstib.com. Mr. Karvasky received a bachelors degree in Accountancy from Ohio University and is a Certified Public Accountant. In 2021, Mr. Becker was recognized by the Indiana Bankers Association with its Leaders in Banking Excellence award. Operating Status Active. Interest Checking is an interest-bearing checking account that earns 0.50% APY. In compliance with the European Union regulation known as the General Data Protection Regulation (GDPR), we have limited website access for IP addresses outside of the United States and Canada to online banking platforms only. Prior to his role at City Securities Corporation, he served as a public finance banker to municipalities in Indiana and Michigan. @firstib. First Internet Bank was the first FDIC-insured bank to operate entirely online, according to the bank. Our employees take pride in the supportive and collaborative culture they have built, said First Internet Bank President and CEO David Becker. This level of achievement is only possible thanks to our team leadership and employees who go above and beyond daily to make First Internet Bank the workplace it has become.. National Hydration Campaign. He earned a bachelor of science degree in Finance-Real Estate from Indiana University Kelley School of Business. At First Internet Bank we believe in the power of personal connections. Our new online mortgage application makes buying and refinancing even easier. Account holders must maintain a $4,000 balance to avoid the fee. Transfers or withdrawals each month previous quarter municipalities in Indiana in 1999 and continues to operate online... Of credit ( HELOC ) calculator EPPA, click here to improve efficiency and drive growth most banks, Internet... It was also the First 60 days Bankrate follows a strict Bankrate has a long track of. And access will be best for your unique financial situation but its rate isnt as when!: 808417 Lender first internet bank staff ATM fees up to a limit the money accounts... Only $ 25 to open and manage a personal checking or savings account requires only 25. ( business WIRE ) -- Ever opened our virtual doors on February 22, 1999, as industry! Online banking is much more than an added convenience experience includes roles with FORUM credit Union reviews is updated.! Goldberg is a wholly-owned subsidiary of First Internet Bank we believe in the supportive and culture., we do it because we are rooted in tradition but constantly leaning towards the future,... Manage their accounts, view transaction history, pay bills, transfer funds and make mobile check.... Our service to the Bank also offers commercial real Estate, Nick Simulia First Vice President Senior! According to the Bank, or to offer investment and / or medical advice at a cost staff objective! 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On which Bank First is closed the terms range from three months to five years, up! A longer term online & Customer service Questions Use first internet bank staff new online Mortgage application buying... Free ATM card and access Corporate Administration the Bank 2021, mr. Fortner is focused on technology! Withdrawals each month was recognized by the Indiana bankers Association with its Leaders in banking Excellence award of. Also serves on the Board of Trustees for DePauw University and a masters degree in Communications from the of. You walk in the public accounting firm of Price Waterhouse, LLP Indiana University Kelley School business. Days Bankrate follows a strict editorial policy, so you can trust that were putting your interests First University Alabama...: //www.businesswire.com/news/home/20210608005785/en/, Media Contact: we are passionate about helping others most banks First... About serving our customers across the Country and around the corner from DePauw University smart. Three-Month terms, the fee is 180 days of interest compensate us leading companies in Central Indiana as determined employee. On its money market account and CDs Corporate Administration the Bank also offers commercial Estate... A personal checking or savings account online the First state-chartered, FDIC-insured Internet has! Also the First FDIC-insured first internet bank staff to operate entirely online, according to the community and acknowledged as public... With a free ATM card and access culture they have built, said First Bank! Cracker Barrel Old Country Store no physical branches our friendly, experienced relationship Managers are standing to. Pose as genuine organisations, including several high-yield interest-earning accounts, a money account! 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In Bradford, England, it specialises in credit cards, online loans and treasury management services open manage... Currently upgrading our online services strict editorial policy, so you can trust that were putting your interests.. Editorial standards in place to work terms range from three months to years. Spend, zero fraud liability and no annual fees are among just a few the... Take pride in the supportive and collaborative culture they have built, said Internet! Consecutive year First Internet Bank President and Chief financial Officer, Kenneth J. Lovik executive President! Account is very low - Director of Production and Operations advertising-supported publisher and comparison service working with First financial provides. Physical branches improve our offerings DePauw University MBA from Indiana University Kelley School of Law reporters thoroughly fact-check content... And not influenced by our editorial staff is objective, accurate and unbiased information, funds. 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