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05.27.10

First Internet Bank Expands Mobile Banking Services, Offers Text Message Banking

First Internet Bank (“First IB”) today announced the release of its text message banking service, the latest addition to the bank’s lineup of convenient account access services. Text message banking enables First IB customers to receive their current account balance and transaction history via text message in a matter of seconds. 

Virtually anyone with a mobile phone can use text message banking.  Customers may activate the service for their phones through the Bank’s secure website. Once enrolled, customers simply text commands to a designated short code to get a real-time account balance report or receive an update on the most recent transactions on an account. Customers may also sign up to receive a weekly balance alert, sent each Friday.  Standard text message fees apply. 

Text message banking is the second component to First IB’s mobile banking offering. In 2008, First IB introduced mobile web banking, a browser-based solution that allows customers to check balances, review transaction history, transfer funds, and pay bills. While mobile web banking enables customers to transact, text message banking, with its streamlined functionality and instantaneous response, is ideal for true on-the-go decision making.

“With text message banking, First Internet Bank fulfills its promise to empower its customers to manage their money more easily and make smarter financial choices,” said David B. Becker, President and CEO of First Internet Bank. “In a matter of seconds, our customer can check her balance and know whether she has enough funds to make a debit card purchase or withdraw cash at an ATM. The speed and ease of use of text message banking will make our customers’ everyday financial decisions a little easier.” 

First IB celebrated its eleventh anniversary in February, and in April, the bank launched a brand new website and logo.  Visit www.firstib.com to navigate the new website and to activate text message banking. 

About First Internet Bank
With over $480 million in assets, First Internet Bank is the first state-chartered FDIC-insured institution to operate solely via the Internet and has customers in all 50 states.  Services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs, and IRAs.  First IB also offers consumer loans, conforming mortgages, jumbo mortgages, and home equity loans and lines of credit.  First IB is a wholly owned subsidiary of First Internet Bancorp (OTC Bulletin Board: FIBP).