Articles from First Internet Bank

First Internet Bank announced today the addition of Carlos Torres Jr. to its Small Business Administration (SBA) Lending team as Vice President, Senior Business Development Officer.

First Internet Bank today announced that J. Blake Sanderson has joined the organization as First Vice President, Commercial Real Estate Acquisition, Development and Construction. In this position, he will work to further expand relationships and a portfolio currently exceeding $1 billion in commitments. Mr. Sanderson succeeds Nick Campbell, who has been elevated to the role of Senior Credit Officer, assuming responsibility for the bank’s commercial credit administration.

First Internet Bank announced today that David Bybee has been promoted to the newly created role of Senior Vice President, Government Guaranteed Lending. In his new role, he will oversee all aspects of First Internet Bank’s Small Business Administration (SBA) Lending operation, from origination through servicing.

First Internet Bank announced today that Austin Porter has joined the organization as Vice President, Business Development Officer. He joins the Bank’s growing Small Business Administration (SBA) Lending team – one currently among the Top 10 for SBA 7(a) lenders nationwide.

First Internet Bank announced today that it has been named the 2024 Online Lender of the Year by Coleman Report, a leading publication in the small business lending industry. The publication’s annual awards celebrate financial institutions and individuals who demonstrate exceptional performance in Small Business Administration (SBA) lending.

First Internet Bank announced today that it has been included in GOBankingRates’ 2025 Best Banks Awards. The bank received accolades in four categories: Best Checking account, Best Money Market, Best CD Rates and Top 10 CD Rates.

First Internet Bank announced today that Craig Simon has joined the organization as Vice President, Senior Business Development Officer. Mr. Simon will bring additional financial expertise to First Internet Bank’s rapidly-growing Small Business Administration (SBA) team, which has supported the Bank’s growth into a Top 10 lender for SBA 7(a) loans.

First Internet Bank announced today that Joseph Reynolds has joined the organization as Vice President, Senior Business Development Officer. His broad-based financial services background further enhances the experience and expertise of the Bank’s Small Business Administration (SBA) team – one currently among the Top 10 for SBA 7(a) lenders nationwide.

Enhancing its already feature-rich business banking account, First Internet Bank announced today the addition of Balance Optimizer to Do More Business™ Checking. Balance Optimizer enables business owners to seamlessly move money between Do More Business Checking and a First Internet Bank Business Money Market or Business Savings account to earn higher-yield interest.

First Internet Bank’s Do More Business™ Checking enables entrepreneurs to accomplish more in less time. Today, Cash Flow Analysis was added to the account’s broad range of financial tools. This new benefit delivers automated cash flow forecasting, digital insights for improved performance, competitive benchmarking and more.

First Internet Bank announced today it has launched a new business account opening process. The streamlined user experience enables business owners to open and fund accounts online in minutes, improving conversion rates, reducing support calls and boosting customer satisfaction.

First Internet Bank announced today that two media outlets, Investopedia, a leading financial news and education source, and CNET, a technology-oriented review site, listed two of the bank’s accounts as leaders in their individual categories.

For the tenth consecutive year, First Internet Bank has once again been selected as one The Indianapolis Star’s “Top Workplaces in Central Indiana,” a distinction determined by employee engagement surveys.

First Internet Bank announced today that Charles Wheaton has joined the organization as Vice President, Senior Business Development Officer. With his vast experience in all facets of corporate lending, their newest member further strengthens the Bank’s Small Business Administration (SBA) team that ranks among national leaders in SBA lending.

First Internet Bank announced today that Lorraine (Lorrie) Ortiz has joined as Chief People Officer. She will be responsible for a range of talent strategies and human resource programs, including leading efforts to drive the company’s employee experience, diversity and inclusion initiatives and talent acquisition and development efforts.

First Internet Bank announced today it has renewed its participation in the IntraFi® deposit network to offer ICS® and CDARS®. The program allows First Internet Bank customers to enjoy the safety and simplicity that comes with access to FDIC insurance protection at IntraFi network banks on deposits in an aggregate amount that is greater than $250,000. With ICS, depositors maintain access to funds placed in money market demand accounts. With CDARS, depositors select from multiple term options for certificates of deposit (CDs).

First Internet Bank announced today that Alan Peterson has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Small Business Administration (SBA) lending team brings to the position a deep experience base in finance and SBA lending.

First Internet Bank has been named one of the Best Banks to Work For by American Banker and Best Companies Group. This marks the tenth consecutive year the Bank has been selected. The annual program recognizes financial institutions nationwide that display outstanding levels of employee engagement and create positive workplace cultures.

First Internet Bank announced today that Ben Rosensweet has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Small Business Administration (SBA) team brings a wealth of experience in finance and new business development, as well as equipment and commercial finance.

As more Hoosiers struggle to find affordable housing, First Internet Bank and Greater Indy Habitat for Humanity announced an exclusive $16 million home loan purchase agreement to help the dream of homeownership become a reality. First Internet Bank and Greater Indy Habitat for Humanity commemorated the partnership today at a home build in metro Indianapolis.

First Internet Bank announced today that David Bybee has joined its Small Business Administration (SBA) lending team as Vice President, Senior Credit Officer. In this role, he will oversee credit guidelines, underwriting and the credit approval process for the bank’s small business lending effort.

First Internet Bank announced today that Will Tinsley has joined its Small Business Administration (SBA) Lending team as Vice President, Senior Business Development Officer. His addition will further bolster First Internet Bank’s national commitment to small business.

First Internet Bank today announced that Vice President, Portfolio Manager, Public Finance Kathryn “Katy” Clayton has been named President of the Board of Directors for the Indiana Chapter of Women in Public Finance (WPF). Ms. Clayton has been with First Internet Bank since 2018, and a WPF Board member since October, 2020.

First Internet Bank announced today it has launched Do More Business™ Checking, an account designed to help small business owners accomplish more in less time. Among its key benefits are tools that provide greater control over both business and personal finances.

First Internet Bank announced today the addition of Paul DePasquale to its Small Business Administration (SBA) Lending team as Vice President, Senior Business Development Officer. The move further demonstrates the Bank’s commitment to small businesses nationwide.

First Internet Bank has announced the addition of Nicole Woodson as Vice President, Community Reinvestment Act (CRA) and Community Development Officer. In this role, she will be responsible for implementing and administering all aspects of the Bank’s CRA plan and working with locally-based organizations.

First Internet Bank announced today that it has raised its minimum hourly wage for full-time employees to $20.00. The move is in response to rising inflationary economic trends and reflects the Bank’s overall commitment to attracting and retaining talented employees.

For First Internet Bank, the streak of being named one of The Indianapolis Star’s “Top Workplaces in Central Indiana” has reached its ninth consecutive year. The bank placed seventh among midsized companies, with results determined by employee surveys.

First Internet Bank announced today that Genevieve Lua has joined its growing Small Business Administration (SBA) Lending team as a Vice President, Business Development Officer.

For many consumers and small business owners, the result of one or more overdraft fees can be devastating. In response, First Internet Bank has announced that it is removing overdraft fees on personal and small business deposit accounts. This change has been made to deliver a better – and less costly – banking experience for account holders.

Today, First Internet Bank announced a formal agreement with Synctera, a leading consultant, technology platform and matchmaker for bank/fintech partnerships. The partnership provides First Internet Bank with new resources to expand its Banking as a Service offerings and build upon its rich history of innovation in the delivery of digital financial services and products.

For the ninth consecutive year, First Internet Bank has been named one of the Best Banks to Work For by American Banker and Best Companies Group. The annual program recognizes financial institutions that display outstanding levels of employee engagement and cultivate positive corporate cultures.

Today, First Internet Bank announced the hiring of Senior Business Development Officer Clayton Baker. He will join the Bank’s expanding Small Business Administration (SBA) Lending team.

Today, First Internet Bank announced the hiring of Vice President of Commercial Banking, Ryan Hasher. Mr. Hasher joins First Internet Bank’s Arizona-based commercial banking team, reporting to Regional Vice President Neil Barna.

First Internet Bank announced today that Tyler Maragh has joined its Small Business Administration (SBA) Lending team as a Vice President, Senior Business Development Officer.

First Internet Bank announced today that Dustin DeNeal has joined as First Vice President, Counsel. He will be responsible for a range of legal and regulatory matters, while also providing guidance to the First Internet Bank executive leadership team.

First Internet Bank announced today that two new Business Development Officers, Melissa Fenner and Mike Pedicelli, have joined its Small Business Administration (SBA) Lending team

First Internet Bank is one of the Top Workplaces in Central Indiana, placing third among midsized companies (150-399 employees). This marks the eighth consecutive year First Internet Bank has been selected for this honor. The annual rankings recognize leading companies in Central Indiana as determined through employee surveys.

First Internet Bank welcomes Samuel Criales, Thomas Hurdman, Laurel McNamara and Ben Woodward to its Small Business Administration (SBA) Lending team as Senior Business Development Officers.

First Internet Bank announced today a contribution of $250,000 to the Hamilton County Community Foundation unrestricted endowment which will be awarded to not-for-profit organizations in the area. Through a 2:1 match with Lilly Endowment’s Giving Indiana Funds for Tomorrow (GIFT) VII Initiative – increasing the total commitment to $750,000 – these funds will help address the most critical needs of Hamilton County residents now and in the future.