First Internet Bancorp (NASDAQ: INBK), the parent company of First Internet Bank (, 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 benchmarked against the Russell US Indexes.

About First Internet BancorpFirst 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 and additional information about the Bank, including its products and services, is available at

About FTSE RussellFTSE 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

View source version on

Copyright Business Wire 2010