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888-873-3424
11201 Usa Parkway
Fishers, IN 46037

First Internet Bank is the 331st largest bank in the nation. It was established in 1998 and as of December of 2017, it had grown to 206 employees. First Internet Bank's money market rates are 3X the national average, and it has an A health rating.

Related Posts

First Internet Bank Raises 12-Month CD To 2.22% APY - 4/23/2018

First Internet Bank has raised rates on its CDs: 12-month (2.22% APY), 18-month (2.32% AYP), 36-month (2.58% APY), and 48-month (2.68% APY). $1k minimum deposit.

CD Rates Have Gone Up For All Terms; 6 Months 1.76% APY - 3/25/2018

6 months 1.76% 12 months 2.17% 18 months 2.27% 24 months 2.43% 36 months 2.53% 48 months 2.63% 60 months 2.78% Rates above apply to all balance levels. Rates last updated 03/23/2018. Rates are subject to change on any day and will be updated by 10 AM Eastern. Please be sure to check this page after 10 AM Eastern for the rate that will be honored today. CD and IRA CD rates are guaranteed as of the postmark date on the envelope containing the signed application and funding for the account. Interest is compounded and credited monthly. APYs assume interest remains on deposit until maturity. A withdrawal will reduce earnings. You have the option to use our online banking, mobile banking, and telephone banking systems to get information about your CD. First IB does not issue monthly or annual statements for CD accounts. https://www.firstib.com/personal-banking-overview/cds/

First Internet Bank's 12-Month CD APY Raised - 3/14/2018

First Internet Bank has raised rates on all its CDs, with the 12-month (2.10% APY) and 48-month (2.58% APY) the most competitive. Minimum deposit is $1k.

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The best online banking experience

Posted by: sidneybarr | Feb 7, 2018

As someone who has been on the Internet for over 20 years, one thing you can't be notice is that there is alot of great stuff to buy online. Whether it is from other online vendors or just trading with other people, there is no shortage of great things I want to buy. If you are like me, you also know how dangerous it is dealing with money online. The ever present identity theft is very real, so having a bank that you can count on is important.

First Internet Bank is the answer to this. You don't have to worry about ID theft and open up a checking account that will let you do online shopping with hassle, and without fear of identity theft.

Very Good Internet Bank

I have had a really great overall experience with First Internet Bank. They make online banking so easy. I do feel that their website could be improved. Some of the areas I'm looking for when I log on are hard to find. I've also had issues a few times with their website down. Overall though, it's a great bank if you're looking for an online option.

Great online bank

First of all, I have become more concerned about cybercrimes and breaches when doing business online. I chose an online bank because I was tired of being told to come into the branch when I need things done. Also, the customer service is not as good as it was years ago. FIB has been great for me mostly, I am able to transfer money from checking to savings easily, and update my debit pin instantly. They also have many products and services with competitive rates available to those who need them. When I quit my job and started my business two months ago, I was able to open a business account with no problem. I had been denied by another popular bank and not given a reason as to why. My 401k was transferred and I was approved for a better return rate. This was surprising! I really have not had experience with the overdraft fees, but I have setup an overdraft line of credit from my savings account. What I most look forward to is utilizing the VA and FHA loan services to make my first home purchase.

First International bank banking experience

This bank worked well for what I used it for. I was working for an online service and this was required to be paid. I never had any problems with deposits, set up was easy. I used it to buy things and pay bills. It worked well for me. The fee was a little high given that everything was done online so I closed the account after I quit working for that company. I never had any contact with the bank other then transactions so I have no opinion on their service personnel but the fact that I never had to reach out to them says something about their service. Deposits were posted in a timely manner and I never had any unexplained charges.

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Health

Health Grade Components

Overall
FDIC Certificate #34607
Year Established1998
Employees206
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.77%
Return on Equity - YTD9.52%
Annual Interest Income$84.9MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$2.76B$1.85B
LoansQ4 2017vs Q4 2016$2.13B$1.27B
DepositsQ4 2017vs Q4 2016$2.12B$1.49B
Equity CapitalQ4 2017vs Q4 2016$223.0MM$158.1MM
Loan Loss AllowanceQ4 2017vs Q4 2016$15.0MM$11.0MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$839.00K$1.1MM
Real Estate OwnedQ4 2017vs Q4 2016$5.0MM$4.5MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

CD Rates Have Gone Up For All Terms; 6 Months 1.76% APY

leemd   |  
6 months 1.76%
12 months 2.17%
18 months 2.27%
24 months 2.43%
36 months 2.53%
48 months 2.63%
60 months 2.78%

Rates above apply to all balance levels. Rates last updated 03/23/2018. Rates are subject to change on any day and will be updated by 10 AM Eastern. Please be sure to check this page after 10 AM Eastern for the rate that will be honored today. CD and IRA CD rates are guaranteed as of the postmark date on the envelope containing the signed application and funding for the account. Interest is compounded and credited monthly. APYs assume interest remains on deposit until maturity. A withdrawal will reduce earnings. You have the option to use our online banking, mobile banking, and telephone banking systems to get information about your CD. First IB does not issue monthly or annual statements for CD accounts.

https://www.firstib.com/personal-banking-overview/cds/

Rates
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Always verify rates and promotions with the bank or credit union. We are not First Internet Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Internet Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.41%*$250k*-Business Regular Savings
OTHER TIERS: 1.16% Up to $250k
0.60%--Regular Savings
0.60%--Tomorrow's Tycoons
0.40%--Free Savings
0.15%--Health Savings Account
0.15%--Commercial Health Savings

First Internet Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$250k*-Money Market Savings
OTHER TIERS: 1.26% Up to $250k
1.51%*$250k*-Business Money Market Savings
OTHER TIERS: 1.26% Up to $250k
1.51%*$250k*-Money Market IRA
OTHER TIERS: 1.26% Up to $250k
1.26%--Money Market CESA

First Internet Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$500-Interest Checking

First Internet Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.84%$1k-60 Month CD
2.84%$1k-Business 60 Month CD
2.68%$1k-48 Month CD
2.68%$1k-Business 48 Month CD
2.58%$1k-36 Month CD
2.58%$1k-Business 36 Month CD
2.48%$1k-24 Month CD
2.48%$1k-Business 24 Month CD
2.32%$1k-18 Month CD
2.32%$1k-Business 18 Month CD
2.22%$1k-12 Month CD
2.22%$1k-Business 12 Month CD
1.81%$1k-6 Month CD
1.81%$1k-Business 6 Month CD
1.56%$1k-3 Month CD
1.56%$1k-Business 3 Month CD

First Internet Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.84%$1k-60 Month IRA
2.84%--60 Month CESA
2.68%$1k-48 Month IRA
2.68%--48 Month CESA
2.58%$1k-36 Month IRA
2.58%--36 Month CESA
2.48%$1k-24 Month IRA
2.48%--24 Month CESA
2.32%$1k-18 Month IRA
2.32%--18 Month CESA
2.22%$1k-12 Month IRA
2.22%--12 Month CESA
Locations

First Internet Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 11201 Usa Parkway - Fishers, IN 46037

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.