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David R. Lovejoy Named President and COO; Jeffrey K. Harty Joins Executive Team as CFO First Internet Bank of Indiana (First IB) today announced that David R. Lovejoy has become the company’s President and Chief Operating Officer, effective immediately. First IB also announced that Jeffrey K. Harty has been named Executive Vice President and Chief…
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First Internet Bank of Indiana, a 15-month-old Internet-based financial institution with customers across the country, today announced that it has raised $30 million in a second-round private placement. The financing includes a previously announced commitment of $12 million from Newcourt Financial and an additional $18 million from private individuals, corporations and investment funds. Placement for…
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SmartMoney, the Wall Street Journal magazine of personal finances, has ranked First Internet Bank first for Essential Products and Services among the 18 banks surveyed for an article appearing in the April 2000 issue of its magazine. According to the article, First Internet Bank, “…a state-chartered, FDIC-insured virtual bank, offers everything you’d expect from a…
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First Internet Bank of Indiana (“First IB”), a growing, Internet-only financial institution, today announced that it has completed a $12 million equity private placement with Newcourt Financial (“Newcourt”), the commercial finance business of Newcourt Credit Group. As a result, Newcourt now owns just under 10% of the Bank’s capital stock. In addition, Mr. Robert J….
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Internet-Only Bank Moves From Tenth to Fourth on Gomez Ratings and is Praised for its Customer First Attitude First Internet Bank of Indiana (First IB) this week jumped six places to number four in Overall Score in the newest edition of the Internet Banker Scorecard, published online by Gomez Advisors Inc. First IB also captured…
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Today, First Internet Bank of Indiana (firstib.com) unveiled a new program to refund ATM surcharges its customers incur. As a real-time Internet-only financial institution, firstib.com does not own or operate any ATMs. As a result, customers of firstib.com may face a surcharge, a fee assessed by the owner of an ATM, when they withdraw funds…
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First Internet Bank of Indiana (firstib.com), a real-time Internet-only financial institution, has been selected as one of the Web’s Best Bank & Investment Sites as named by PC Novice/Smart Computing magazine in its September issue. Every month, PC Novice/Smart Computing magazines provide 500,000 readers with easy-to-understand computing information. According to David Becker, CEO and Chairman…
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In just over four months of operation, First Internet Bank of Indiana (firstib.com), a real-time Internet-only financial institution, has amassed more than $40 million in deposits. firstib.com reports deposit growth has climbed steadily since its February 22 launch, most recently with the addition of nearly $18 million in new deposits in the past six weeks….
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In the three months it has been open to the public, First Internet Bank of Indiana (firstib.com), a real-time Internet-only financial institution, has amassed more than $22.3 million in deposits. firstib.com reports deposit growth continues to climb, with the addition of nearly $10 million in new deposits in the past month. On April 26, the…
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In the two months it has been open to the public, First Internet Bank of Indiana (firstib.com), a real-time Internet-only financial institution, has amassed more than $12.6 million in deposits. firstib.com reports its deposit growth has accelerated tremendously in the past few weeks. On March 31, the bank had just $1.6 million in deposits. Account…