First Internet Bank Welcomes New Lender, Expands Municipal Lending TeamReleased on July 31, 2017
First Internet Bank announced that Nathan Bradds has joined its public finance lending team as Vice President. Mr. Bradds will bolster the municipal lending effort that has financed more than $175 million in public loans year-to-date under the leadership of Senior Vice President Timothy Dusing. Mr. Bradds will focus on energy efficiency financing projects nationwide.
“Opportunities in the municipal lending market have exceeded our initial expectations during the first half of 2017, and Nathan’s expertise is a welcome addition to our team,” said Dusing. “Nathan has a history of successfully structuring, negotiating and closing municipal financial transactions. I am confident he will be a key contributor as we continue to expand and diversify First Internet Bank’s municipal loan capabilities.”
Over the course of his 16-year career, Mr. Bradds has worked across the banking industry, in consumer, commercial and municipal lending roles, as well as in mergers and acquisitions. Most recently, he helped build Huntington Public Capital (“HPC”), a division of Huntington National Bank, into a key national lender within the public finance industry.
“First Internet Bank has done a great job cultivating a strong presence in the public finance space, and I’m thrilled to support this growing team,” said Mr. Bradds. “By tapping my network to further expand our efforts, we’re well-positioned to take advantage of this tremendous market opportunity.”
Mr. Bradds received his bachelor’s degree in Finance from Ohio University and his MBA from Miami University.
About First Internet Bank
First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $2.4 billion as of June 30, 2017, the Bank now provides consumer and small business deposit, consumer loan, residential mortgage, and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans and treasury management services in select geographies. Additional information about the Bank, including its products and services, is available at www.firstib.com. The Bank is a wholly owned subsidiary of First Internet Bancorp (NASDAQ: INBK).
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