First Internet Bancorp (OTCBB:FIBP), parent company of First Internet Bank of Indiana (www.firstib.com), a premier provider of online retail and business banking services nationwide, is pleased to announce the appointment of John Keach, Jr. to its Board of Directors. Mr. Keach’s appointment expands the Board to six directors, five of whom are independent directors.
“John brings rich regional banking experience to our Board,” said David B. Becker, Chairman of the Board of Directors and founder of First Internet Bank. “His perspective and knowledge of the Central Indiana business environment will be invaluable as we grow our newly launched commercial lending initiatives.”
“I am so pleased to join this Board,” said Mr. Keach. “With its low overhead, First Internet Bank is nimble and can respond quickly to new opportunities. I look forward to making a positive contribution to the Bank’s continued success.”
A veteran of the Central Indiana banking scene, Mr. Keach is the former President, CEO, and Chairman of Indiana Community Bancorp and Indiana Bank & Trust Company. In addition, Mr. Keach previously served on the Board of Directors of the Federal Home Loan Bank of Indianapolis, chaired the Indiana League of Financial Institutions, and participated as a Board member for the Indiana Bankers Association as well as the Indiana State Chamber of Commerce.
Mr. Keach is also involved in numerous community activities in Columbus, IN, where he resides.
About First Internet Bancorp
First Internet Bancorp (OTC Bulletin Board: FIBP), the parent company of First Internet Bank of Indiana, is privately capitalized with over 220 private and corporate investors. First Internet Bank opened for business in 1999. The Bancorp became the parent of the Bank effective March 21, 2006.
About First Internet Bank
First Internet Bank of Indiana (First IB) is the first state-chartered, FDIC-insured institution to operate solely via the Internet and has customers in all 50 states. Deposit services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs and IRAs. First IB also offers consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. First IB is a wholly owned subsidiary of First Internet Bancorp.
Safe Harbor Statement
This press release may contain forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance or business of the Company. Forward-looking statements are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should” 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. Factors that may cause such differences include: risks associated with the regulation of financial institutions and holding companies, including capital requirements and the costs of regulatory compliance; failures or interruptions in communications and information systems; general economic conditions and conditions in the lending markets; competition; the plans to grow commercial lending; the loss of key members of management and other matters discussed in the press release. All statements in this press release, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.