First Internet Bank of Indiana
First Internet Bank, officially known as First Internet Bank of Indiana, was established in 1999 as the first state-chartered, FDIC-insured institution to operate entirely online, without physical branches. Headquartered in Fishers, Indiana, the bank's core business revolves around providing a comprehensive suite of banking services through digital channels. Its mission is to offer a convenient and problem-free banking experience with competitive rates and flexible account options, challenging traditional banking models.
The bank offers a wide range of commercial, small business, consumer, and municipal banking products and services. These include various checking and savings accounts, money market accounts, certificates of deposit, individual retirement accounts, credit cards, and personal lines of credit. For lending, First Internet Bank provides residential mortgages, commercial real estate loans, commercial and industrial loans, and Small Business Administration (SBA) financing, alongside treasury management services. The institution has also expanded into the "banking-as-a-service" (BaaS) model, catering to financial technology (fintech) companies.
First Internet Bank is a wholly-owned subsidiary of First Internet Bancorp, which is publicly traded on the NASDAQ under the ticker symbol INBK. David B. Becker serves as the Chairman and CEO, having founded the bank over 25 years ago. As of March 31, 2026, First Internet Bancorp reported total assets of $5.7 billion. The bank has recently been recognized as a 2026 USA TODAY Top Workplace and continues to report its financial results, with its second-quarter 2026 earnings announcement scheduled for July 30, 2026.
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