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First Internet Bank today announced its entry into commercial lending, with an emphasis on commercial real estate in central Indiana. Since its debut in 1999, First Internet Bank has focused primarily on consumer lending. The 2007 acquisition of Landmark Financial Corporation added residential mortgage lending to the Bank’s product offering. With this latest endeavor, Bank…
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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…
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First Internet Bank is proud to announce its sponsorship of Lemonade Day Indianapolis, an initiative designed to teach youth how to start, own, and operate their own business. On Sunday, May 2nd, 2010, children in Indianapolis and 15 other cities will become entrepreneurs and set up their own lemonade stands. Lemonade Day was launched in…
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First Internet Bank (First IB) announced today it has begun issuing debit cards that include the Visa payWave (contactless) feature. These contactless debit cards promise First IB cardholders a faster and easier check-out, with the same security protection given to traditional magnetic stripe cards. Each First IB debit card enabled with Visa payWave is embedded…
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First Internet Bank announced today that it has begun to offer jumbo loans. Jumbo loans are mortgages that exceed conforming limits ($417,000 in most parts of the country and as high as $729,750 in certain markets) and are not guaranteed by government-backed mortgage agencies Fannie Mae or Freddie Mac. First IB management feels the time…
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On February 22, 1999, First Internet Bank of Indiana (First IB) opened its virtual doors to the public in a launch ceremony held at the Museum of American Financial History in New York City. As the first “Extended Value Online Bank” to deliver a full range of real-time Internet banking products with personalized interactive services,…
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Bank assures customers it has funds to lend First Internet Bank of Indiana (First IB) today announced that it has expanded its mortgage program to include home equity loans. Both fixed rate term loans as well as lines of credit are available to homeowners in 44 states. First IB’s innovative program will allow most homeowners…
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Despite unsettling news in the mortgage industry and the economy, First Internet Bank of Indiana (First IB) is committed to the expanding the dream of home ownership in Central Indiana through its local participation in an exciting national mortgage initiative. First IB is a member of Lenders One Mortgage Cooperative, a national alliance of leading…
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First Internet Bank of Indiana (First IB) today reported that its President, CEO, and Chairman, David B. Becker, has been inducted into the Central Indiana Business Hall of Fame. Since it was established in 1989 by the Junior Achievement Board of Directors, the Central Indiana Business Hall of Fame has honored 82 laureates for their…
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First Internet Bank of Indiana was named 2007 Volunteer of the Year by Gleaners Food Bank of Indiana, Inc., for its work in the Share-A-Sack program benefiting senior citizens in Central Indiana. The volunteer team was comprised of employees of First IB as well as its vendors and business partners. Share-A-Sack, also known as the…