FISHERS, Ind.–(BUSINESS WIRE)–First Internet Bank (the “Bank”) broke ground today for its new
corporate headquarters in downtown Fishers. Since establishing an office
at its current location – approximately two miles east of the new site –
in 2013, the Bank’s assets are up nearly 500% and its employee count has
risen by 75%.
“The relocation of our headquarters will allow us to continue to expand
our operations to achieve our strategic growth plan,” said David Becker,
President and CEO of First Internet Bank. “As one of Fishers’ success
stories, we are proud to be part of the city’s revitalization efforts in
the historic Nickel Plate District.”
The Bank’s new corporate office, a planned six-story, 168,000 square
foot building with ground-floor retail, is the first structure to
commence construction in a mixed-use development along 116th Street in
Fishers’ Nickel Plate District. The development will incorporate the
anticipated Nickel Plate Trail.
“We are excited to break ground on First Internet Bank’s new
headquarters today,” said Fishers Mayor Scott Fadness. “David Becker is
a dynamic leader for his company and for the community. We are fortunate
to have leaders like David who embrace the vision we have for downtown
Fishers and who are willing to invest in the future of our city. Today
is a solid step forward in growing the vibrancy of the heart of our
community.”
A recognized leader in branchless banking since its launch in 1999, the
Bank has received numerous awards for its banking services, corporate
culture and workplace environment — including American Banker’s
nationwide register of “Best Banks to Work For,” the Indiana Chamber of
Commerce’s “Best Places to Work in Indiana,” and the Indianapolis
Star’s “Top Workplaces.” First Internet Bank’s parent company, First
Internet Bancorp (Nasdaq: INBK), was named to Fortune’s 100
Fastest Growing Companies in 2018 — the only Indianapolis-area company
to be recognized.
“First Internet Bank and Fishers share an entrepreneurial spirit; we are
honored to be an active partner in the city’s future,” said Nicole
Lorch, Chief Operating Officer of First Internet Bank. “Planning our
future in the heart of a community where many of our employees live,
along a trail that encourages wellness and community involvement, is a
key component of our corporate culture and success.”
Initial stages of construction will continue through the summer. The
building is scheduled to be ready for occupancy by Fall 2021.
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 $3.7
billion as of March 31, 2019, 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, SBA financing and treasury
management services. 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).
Forward-Looking Statements
This press release contains forward-looking statements with respect to
the Bank’s new corporate headquarters. Forward-looking statements are
generally identifiable by the use of words such as “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,”
“pending,” “plan,” “preliminary,” “scheduled,” “should,” “will,” “would”
or other similar expressions. Forward-looking statements are not a
guarantee of future performance or results, are based on information
available at the time the statements are made and involve known and
unknown risks, uncertainties and other factors that could cause actual
results to differ materially from the information in the forward-looking
statements. For a list and description of some of such risks and
uncertainties, see First Internet Bancorp’s periodic reports filed with
the U.S. Securities and Exchange Commission (“SEC”). These factors
should not be construed as exhaustive and should be read in conjunction
with the other cautionary statements that are included in First Internet
Bancorp’s filings with the SEC. All statements in this press release,
including forward-looking statements, speak only as of the date they are
made, and neither First Internet Bancorp nor First Internet Bank
undertakes an obligation to update any statement in light of new
information or future events.
Contacts
Investors/Analysts
Paula Deemer
Investor
Relations
(317) 428-4628
[email protected]
Media
Nicole Lorch
Executive Vice
President & Chief Operating Officer
(317) 532-7906
[email protected]
