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Indiana banks cash in on overdraft fees as low rates linger

Now we know exactly how much of a fortune—or not—that larger, Indiana-based banks are generating from those ill-timed debit and ATM transactions.

More.

ARTICLES

House advances 'hillbilly venture capital' bill pushed by payday loan industry

February 1, 2018

Hayleigh Colombo

House Bill 1319, which would allow the short-term loan industry to offer high-interest consumer loans, is opposed by veteran groups, religious institutions and consumer advocates.

First Internet reports record quarterly earnings

October 21, 2016

IBJ Staff

Fishers-based First Internet Bancorp on Thursday reported rising earnings for the ninth time in 10 quarters.

Some banks putting tellers behind remote monitors

March 14, 2015

Jared Council

“Branch of the future” is a hot phrase in banking circles, as technological changes and consumer habits prompt executives to rethink how much space and employees are needed at branches.

Banks beckon wary millennials

August 2, 2014

Chris O'Malley

Institutions have uphill climb to build trust with generation scarred by financial crisis.

First Internet profit falls on rising interest rates

October 25, 2013

Chris O'Malley

Shares of the Indianapolis-based bank took a nosedive during trading Friday morning after it reported its third-quarter earnings.

First Internet earnings surge on commercial loan growth

April 19, 2013

IBJ Staff

The Indianapolis-based bank's commercial loan portfolio grew to $109.1 million, a rise of 62 percent compared with the first quarter of 2012. Commercial real estate loans rose 46 percent.

LANGFORD: Banks must move toward greater access, flexibility

March 2, 2013

Kevin Langford / Special to IBJ

Consumers want more than 'one message fits all.'

First Internet Bank leverages online roots

March 2, 2013

Kathleen McLaughlin

The Indianapolis-based bank, launched just 14 years ago, is reaching all-time highs in assets and profitability and plans to become a $1 billion institution by 2015.

UPDATE: First Internet slips 2.5 percent in debut on NASDAQ

February 22, 2013

IBJ Staff

Shares of the Indianapolis-based bank finished their first day on the NASDAQ exchange at $28.50, a 75-cent drop from their opening price. The stock had been listed on the thinly traded over-the-counter market.

First Internet plans 48 jobs in $4.3M Fishers office

February 19, 2013

Scott Olson

The $4.3 million expansion will go toward purchasing and refurbishing a building near Interstate 69 and 116th Street that formerly housed the St. Vincent Health medical center.

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