First Internet Bank Commits $250,000 for COVID-19 Relief
April 15 2020 - 4:27PM
Business Wire
Grant to provide financial stimulus to small
businesses and nonprofits
First Internet Bank announced
today a commitment of $250,000 to help address the immediate
economic challenges of COVID-19. Through a dollar-for-dollar match
with IMPACT Central Indiana (IMPACT), funds will be rapidly
deployed through the Indy Chamber's Business Ownership Initiative
(BOI) to help small businesses, funds and nonprofits in Marion and
Hamilton Counties weather the short-term health crisis and promote
continued long-term economic growth.
“The need to stand with our local businesses and communities is
critical, now more than ever,” said David Becker, President and CEO
of First Internet Bank. “We have mobilized resources to provide
additional support to our customers, associates and communities.
Now, by joining forces with IMPACT, First Internet Bank can also
help the most vulnerable in underserved areas receive the financial
assistance they need today and in the future.”
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 $4.1 billion as of December 31, 2019, the Bank 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).
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version on businesswire.com: https://www.businesswire.com/news/home/20200415005706/en/
Investors/Analysts Paula Deemer
Investor Relations (317) 428-4628 investors@firstib.com
Media Nicole Lorch Executive Vice
President & Chief Operating Officer (317) 532-7906
nlorch@firstib.com
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