Press Release

Top Small Business Site Rates First Internet Bank’s Business Savings Account Best of 2019

Company Release - 3/28/2019 9:32 AM ET

FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank was named the best overall provider of savings accounts for businesses, according to leading digital small business resource FitSmallBusiness.com.

“First Internet Bank is proud to be regarded as the best provider of business accounts, not only for our competitive rates and low fees but also for convenience,” said David Becker, President and CEO. “As a longtime entrepreneur, I understand that business owners are looking for powerful digital banking tools that make it fast and easy to take care of financial management so they can focus on growing their businesses. Because we don’t have an expensive branch network to maintain, we’re able to deliver tremendous value in our deposit rates as well.”

FitSmallBusiness evaluated and ranked business savings accounts based on interest rates, account fees, minimum balance requirements, FDIC insurance and accessibility. First Internet Bank earned the best overall ranking because it offers industry-leading yields to small businesses and options to avoid monthly fees. The Bank’s innovative digital account access platform and ATM surcharge reimbursement program also contributed to the top rating.

More information about First Internet Bank’s award-winning business accounts and a link to open an account online can be found at https://www.firstib.com/business/deposits/commercial-business-deposits/.

The full list of the 8 Best Business Savings Accounts for 2019 is available at https://fitsmallbusiness.com/best-business-savings-account.

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 $3.5 billion as of December 31, 2018, 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).

Investors/Analysts
Paula Deemer
Investor Relations
(317) 428-4628
investors@firstib.com

Media
Nicole Lorch
Executive Vice President and Chief Operating Officer
(317) 532-7906
nlorch@firstib.com

Source: First Internet Bank