Despite opening its virtual doors a mere month ago, First Internet Bank of Indiana (firstib.com), a real-time Internet-only financial institution, ranked first out of 55 Internet banks in On-Site Resources in a recent rating by Gomez Advisors Inc.
Gomez Advisors Inc., a leading industry analyst for online financial services, based firstib.com’s top rating on its ability to provide access to a broad suite of loan and savings products in addition to the standard checking accounts. The 55 institutions polled for this edition of the Internet Banker Scoreboard include FDIC-insured banks and thrifts with more than $2 billion in deposits as well as a small number of institutions with “progressive offerings,” including branchless banks like First Internet Bank.
“We are excited that we have established ourselves as an industry leader so quickly in the fast-growing Internet banking marketplace,” said David Becker, Chairman of First Internet Bank. “The Gomez rating validates firstib.com’s website in providing consumers with the best online access to a broad suite of financial products. It will also help us provide customers with value-added information about firstib.com’s real-time online transactions.”
Since its national launch on February 22, firstib.com has activated over 200 accounts with deposits worth over $1.2 million.
The report from Gomez Advisors states: “First Internet Bank is the new kid on the block. But its promising offering debuts at the number one spot for On-Site Resources, the category that measures the extent of the product offering and customers’ ability to apply for and manage the products.”
firstib.com offers a full suite of banking services that includes checking, money market savings, certificates of deposit, loans, bill payment services, credit cards and ATM cash cards. firstib.com offers significant customer benefits over traditional retail banks including real-time processing of all transactions and continuous services available 24x7x365 via the Internet, ATM, and touch-tone phone. Customers also enjoy industry leading interest rates on checking, savings, money markets and certificates of deposit.
Based in Indianapolis, Indiana, firstib.com is the first state chartered Internet bank with accounts insured by the FDIC. It is the first “Extended Value Online Bank” to deliver a full range of real-time Internet banking products with personalized interactive services, as well as offering competitive rates. Its business model enables customers to facilitate Internet banking in a real-time environment, as well as empower users to better manage their own finances.