Experienced SBA Business Development Officer Joins First Internet Bank

Rhea-AI Summary

First Internet Bank has appointed Ben Rosensweet as Vice President, Senior Business Development Officer. Rosensweet brings extensive experience in finance and business development, particularly in the Small Business Administration (SBA) sector. His addition aims to enhance the bank's capabilities in supporting small business clients through government lending initiatives. The bank's assets total $4.3 billion as of September 30, 2022, indicating a strong financial position to deliver consumer and business financing solutions.

Positive

• Ben Rosensweet's extensive experience in finance and new business development.
• His role aims to enhance SBA lending capabilities, providing growth capital to small businesses.
• First Internet Bank has a solid asset base of $4.3 billion as of September 30, 2022.

Negative

• None.

FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank announced today that Ben Rosensweet has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Small Business Administration (SBA) team brings a wealth of experience in finance and new business development, as well as equipment and commercial finance.

Ben Rosensweet, Vice President, Senior Business Development Officer (Photo: Business Wire)

“The lending expertise Ben has is broad-based and fits neatly into our business model. Our national platform will allow him to help small business clients regionally as well as outside of the typical markets he has served in the past,” noted Vice President, National SBA Sales Manager Mark Gibson. “He goes beyond simple transactional relationships, making the effort to understand both the borrower’s company and the industrial segment in which they operate.”

Ben added, “I am excited to join a team that has quickly become a major national participant in government lending. I look forward to helping new and experienced small business owners get to the next level through readily available growth capital that we can provide through SBA loans.”

Ben was most recently with Riverhills Bank, where he served as Vice President, Commercial Lending Officer. He previously has held positions with Byline Bank and Park National Bank of Southwest Ohio, among others. Ben received his Bachelor of Arts from The Ohio State University and his Master of Business Administration degree from Xavier University.

About First Internet Bank

With assets of $4.3 billion as of September 30, 2022, the Bank provides consumer and small business deposits, SBA financing, consumer loans, residential mortgages and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans and treasury management services. Additional information about the Bank, including its products and services, is available at www.firstib.com. The Bank is a wholly owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a member FDIC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103005845/en/

Investors/Analysts

Paula Deemer

Director of Corporate Administration

(317) 428-4628

investors@firstib.com

Media

BLASTmedia for First Internet Bank

Ryan Hecker

firstib@blastmedia.com

Source: First Internet Bank

FAQ

What is the recent appointment at First Internet Bank?

Ben Rosensweet has been appointed as Vice President, Senior Business Development Officer.

How will Ben Rosensweet contribute to First Internet Bank?

He will enhance the bank's Small Business Administration lending capabilities, aiding small business clients.

What is the asset size of First Internet Bank?

As of September 30, 2022, First Internet Bank has assets totaling $4.3 billion.

Which sectors does Ben Rosensweet have experience in?

He has experience in finance, new business development, and SBA lending.

What are the primary services offered by First Internet Bank?

The bank provides consumer and small business deposits, SBA financing, residential mortgages, and specialty finance services.