INDIANAPOLIS, IN – First Internet Bancorp (OTCQB: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 Ann Murtlow to its Board of Directors. Ms. Murtlow will join the Board in January 2013, expanding the Board to seven directors, six of whom are independent directors.
“Ann will offer a distinct perspective on the economy to our Board,” said David B. Becker, Chairman of the Board of Directors and founder of First Internet Bank. “She has uncommon insight on the banking industry, macroeconomic factors, and the Central Indiana business community. We welcome her contribution.”
“I have followed the First Internet Bank success story with a great deal of interest,” said Ms. Murtlow. “To play a role in the growth of this company is a great honor. I am delighted to have an opportunity to make an impact on the region’s business community in a new way.”
Ms. Murtlow recently completed a third term as a Director of the Federal Reserve Bank of Chicago and is currently the principal in her consulting firm, AM Consulting LLC. From 2002-2011, Ms. Murtlow was the President and CEO of Indianapolis Power & Light Company, making her one of the few female CEOs in the electric utility industry. Her past and present board affiliations include: Central Indiana Community Foundation, Central Indiana Corporate Partnership, Economic Club of Indiana, Edison Electric Institute, Herff Jones, Indianapolis Chamber of Commerce, Indiana Energy Association, Indianapolis Zoological Society, The Mind Trust and Women’s Fund of Central Indiana.
About First Internet Bancorp
First Internet Bancorp (OTCQB: 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.
