First Internet Bank Continues to Expand Small Business Administration Team

Rhea-AI Summary

First Internet Bank appoints Craig Simon as Vice President, Senior Business Development Officer, enhancing its SBA team and solidifying its position as a Top 10 SBA 7(a) lender.

FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank announced today that Craig Simon has joined the organization as Vice President, Senior Business Development Officer. Mr. Simon will bring additional financial expertise to First Internet Bank’s rapidly-growing Small Business Administration (SBA) team, which has supported the Bank’s growth into a Top 10 lender for SBA 7(a) loans.

“Craig’s SBA and commercial lending experience will be instrumental in identifying and developing new business opportunities for our team,” said Mark Gibson, Vice President, National Sales Manager. “His deep understanding of the lending process and ability to clearly explain each step to borrowers will enable him to quickly and efficiently secure capital for our clients.”

"I am pleased to be joining one of the top SBA lenders in the nation and collaborating with a team that's completely customer-focused," said Simon. "Helping small businesses thrive has long been a passion of mine."

Mr. Simon comes to First Internet Bank from Pilot Bank and Lake Michigan Credit Union, where he supported the banks’ SBA lending and commercial relationship management operations. He also has a strong financial services background, having also worked with USAmeriBank, Regions Bank and Sunshine Bank. He earned his Bachelor’s and Master of Business Administration at the University of South Florida.

About First Internet Bank

First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $5.2 billion as of December 31, 2023, the Bank provides consumer and small business deposits, consumer loans and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services. Additional information about the Bank, including its products and services, is available at 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/20240307331589/en/

Investor Relations:

Paula Deemer

Director of Corporate Administration

(317) 428-4628

investors@firstib.com

BLASTmedia for First Internet Bank:

Zach Weismiller

firstib@blastmedia.com

Source: First Internet Bank

FAQ

Who has joined First Internet Bank as Vice President, Senior Business Development Officer?

Craig Simon has joined First Internet Bank as Vice President, Senior Business Development Officer.

What role will Craig Simon play at First Internet Bank?

Craig Simon will bring additional financial expertise to First Internet Bank’s Small Business Administration team and identify new business opportunities.

What has First Internet Bank achieved in terms of SBA loans?

First Internet Bank has become a Top 10 lender for SBA 7(a) loans.

Where did Craig Simon work before joining First Internet Bank?

Craig Simon worked at Pilot Bank and Lake Michigan Credit Union before joining First Internet Bank.

What is Craig Simon's educational background?

Craig Simon earned his Bachelor’s and Master of Business Administration at the University of South Florida.