First Internet Bank Breaks Ground on New Headquarters in Downtown Fishers
June 04 2019 - 4:10PM
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190604006060/en/
Investors/AnalystsPaula
DeemerInvestor Relations(317) 428-4628investors@firstib.com
MediaNicole LorchExecutive Vice
President & Chief Operating Officer(317)
532-7906nlorch@firstib.com
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