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INBK - First Internet Bancorp ()

Overview

Company Summary


First Internet Bancorp (INBK) is a holding company that primarily operates through its subsidiary, First Internet Bank. As an online-only bank, First Internet Bancorp offers a range of banking products and services to individual and business customers.

First Internet Bank enables customers to conveniently manage their financial needs through digital channels such as its website and mobile app. The bank provides various deposit accounts, including checking, savings, and certificates of deposit (CDs). These accounts offer competitive interest rates and other features such as online bill payment and mobile check deposit.

Additionally, First Internet Bank offers lending solutions to individuals and businesses. This includes mortgages, home equity lines of credit, personal loans, and commercial loans. Through efficient digital processes, the bank aims to provide quick approvals and funding for customer loan applications.

First Internet Bank also caters to the needs of small businesses by offering business checking and savings accounts, cash management services, remote deposit capture, and merchant services. These services are designed to assist entrepreneurs in managing their business finances effectively.

Furthermore, First Internet Bancorp provides investment advisory services through its subsidiary, JVB Financial Advisors. This enables the company to offer personalized guidance on wealth management and financial planning to its customers.

Overall, First Internet Bancorp combines the convenience of online banking with a comprehensive range of financial products and services to cater to the needs of both individual and business customers.

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