| [June 27, 2016] |
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First Internet Bancorp Joins Russell 3000 Index
First Internet Bancorp (NASDAQ: INBK), the parent company of First
Internet Bank (www.firstib.com),
today joined the Russell 3000® Index as part of the Russell
US Indexes' annual reconstitution.
FTSE Russell determines membership for its indexes by objective,
market-capitalization rankings and style attributes. Membership in the
US all-cap Russell 3000 Index remains in place for one year and confers
upon First Internet Bancorp automatic inclusion in the small-cap Russell
2000® Index as well as the appropriate growth and value style
indexes.
"We are pleased to be added to the Russell Indexes," stated David
Becker, Chairman, President and Chief Executive Officer of First
Internet Bancorp. "Being included in these Indexes represents an
important milestone for First Internet Bancorp as we continue to
increase our visibility in the investment community."
Indexes provided by FTSE Russell are widely used by investment managers
and institutional investors for index funds and as benchmarks for active
investment strategies. Approximately $6 trillion in assets are
enchmarked against the Russell US Indexes.
About First Internet Bancorp
First Internet Bancorp is the
parent company of First Internet Bank of Indiana, which opened for
business in 1999 as the nation's first state-chartered, FDIC-insured
institution to operate solely via the Internet. With customers in all 50
states, First Internet Bank offers consumers services including
checking, savings, money market, certificates of deposit and IRA
accounts as well as consumer loans, residential mortgages, residential
construction loans and home equity products. For commercial clients, it
provides commercial real estate loans, commercial and industrial loans
and treasury management services. First Internet Bank has been
recognized as one of the "Best Banks to Work For" by American
Banker Magazine, a "Best Place to Work in Indiana" by a consortium of
statewide resources, and a "Top Workplace" by The Indianapolis Star.
Additional information about the Company is available at www.firstinternetbancorp.com and
additional information about the Bank, including its products and
services, is available at www.firstib.com.
About FTSE Russell
FTSE Russell is a global index leader and
data provider that provides innovative benchmarking, analytics and data
solutions for investors worldwide. FTSE Russell index expertise and
products are used extensively by institutional and retail investors
globally. FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160627005699/en/
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