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First Internet Bank of Indiana's CD Rates and Financial Information

First Internet Bank of Indiana Main Address and Contact Information

9200 Keystone Crossing, Suite 800
Indianapolis, Indiana 46240

First Internet Bank of Indiana FDIC Certification Number

34607

First Internet Bank of Indiana

First Internet Bank of Indiana Logo
Website: https://www.firstib.com/personal-banking-overview/
Rating: StarStarStarStar  (4 out of 5)100

First Internet Bank of Indiana CD Rates

Product APY Rate Min. Deposit
3 month CD 1.000% 1.000% $1,000.00
5 yr CD 2.300% 2.280% $1,000.00
3 month $25K CD 1.000% 1.000% $25,000.00

First Internet Bank of Indiana Jumbo CD Rates

Product APY Rate Min. Deposit
1 yr jumbo CD 1.570% 1.560% $100,000.00
5 yr jumbo CD 2.300% 2.280% $100,000.00

First Internet Bank of Indiana IRA CD Rates

Product APY Rate Min. Deposit
4 yr IRA CD 2.070% 2.050% $1,000.00
Rates Updated: 09/18/2017

Articles Related to First Internet Bank of Indiana

First Internet Bank of Indiana Changes CD Rates

First Internet Bank of Indiana recently changed their short term certificate of deposit rates. Surprisingly, all the rate changes were lower except for 1 year CD rates. First IB has been in business since 1999 and the bank has no branch locations. Yes, you can bank these days without having to physically go to a branch location.

First Internet Bancorp is a bank holding company that operates First Internet Bank of Indiana. First Internet Bancorp is publicly traded on the NASDAQ under the ticker symbol INBK. First IB gets a 4 out of 5 star rating. You can read more about the bank and see all of their current CD rates at First IB. The recent rate changes are listed below.

First IB CD Rate Changes

CD TermRate (new / old)Yield (new / old)
3 month CD1.00 / 1.201.00 / 1.21
6 month CD1.31 / 1.361.32 / 1.37
1 yr CD1.56 / 1.511.57 / 1.52
3 month jumbo CD1.00 / 1.201.00 / 1.21
6 month jumbo CD1.31 / 1.361.32 / 1.37
1 yr jumbo CD1.56 / 1.511.57 / 1.52
3 month $25K CD1.00 / 1.201.00 / 1.21
6 month $25K CD1.31 / 1.361.32 / 1.37
3 month $50K CD1.00 / 1.201.00 / 1.21
6 month $50K CD1.31 / 1.361.32 / 1.37
1 yr IRA CD1.56 / 1.511.57 / 1.52
1 yr jumbo IRA CD1.56 / 1.511.57 / 1.52

 First IB CD Account - The Details and Fine Print

  • The minimum deposit for regular First IB CD accounts is $1,000
  • If the CD account is closed before the last day of the month, interest accrued but not credited will be forfeited
  • CDs automatically renew at maturity
  • Each CD renewal term will be the same as the original CD term
  • There are early withdrawal penalties. View the penalties at First IB

You can see how First IB's CD rates compare with other bank CD rates by searching our rate database: CD Rates

    Read more...
Top 2 Year CD Rate Now at 1.70 Percent

The top CD rates continue to move higher as the best 2 year CD rate hits 1.70 percent this week. 2 year CD rates at Connexus Credit Union take the top spot this week at 1.69 percent with a yield of 1.70 percent. Connexus has the best rate this week but two banks are right on the credit union's tail.

Northern Bank Direct, EverBank, and Popular Direct have the second best 2 year rate this week at 1.64 percent with a yield of 1.65 percent. We have another three-way tie for third place, My e-BAnC by BAC Florida Bank, TAB Bank, and VirtualBank all have a current 2 year rate of 1.61 percent with a yield of 1.62 percent.

Not only are the top rates moving higher this week, average 2 year CD rates are also higher. The current average 2 year CD rate is at 1.50 percent, up from last week's average 2 year rate of 1.47 percent. Listed below are the top ten 2 year CD rates for the week ending April 15, 2017.

Best 2 Year CD Rates

  1. Connexus CU - Rate 1.69% Yield 1.70%
  2. Northern Bank Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
  3. Popular Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
  4. TAB Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
  5. My e-BAnC by BAC Florida Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
  6. VirtualBank - Rate 1.60% Yield 1.61% (tied for 3rd place)
  7. Banesco USA - Rate 1.60% Yield 1.60%
  8. Capital One Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
  9. Synchrony Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
  10. M.Y. Safra Bank, FSB - Rate 1.59% Yield 1.60% (tied for 5th place)
  11. iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
  12. Congressional Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
  13. iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
  14. First Internet Bank of Indiana - Rate 1.56% Yield 1.57%
  15. CD Bank - Rate 1.55% Yield 1.56%
  16. Nationwide Bank - Rate 1.50% Yield 1.51% (tied for 8th place)
  17. Pentagon Federal Credit Union - Rate 1.50% Yield 1.51% (tied for 8th place)
  18. PurePoint Financial - Rate 1.49% Yield 1.50% (tied for 9th place)
  19. Home Savings Bank - Rate 1.49% Yield 1.50% (tied for 9th place)
  20. Live Oak Bank - Rate 1.49% Yield 1.50% (tied for 9th place)
  21. GS Bank - Rate 1.44% Yield 1.45%
    Read more...
Best 1 Year CD Rates April 5, 2017

CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.

This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.

The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.

Listed below is top ten 1 year CD rates currently available.

Top Ten 1 Year CD Rates

  1. Connexus Credit Union 1.49% APY 1.50%
  2. VirtualBank 1.45% APY 1.46%
  3. Banesco USA 1.45% APY 1.45%
  4. PurePoint Financial 1.39% APY 1.40% (Tied for 4th place)
  5. Live Oak Bank (Tied for 4th place)
  6. My e-BAnC by BAC Florida Bank (Tied for 4th place)
  7. CD Bank 1.36% APY 1.36%
  8. M.Y. Safra Bank, FSB 1.35% APY 1.36%  (Tied for 6th place)
  9. TAB Bank 1.35% APY 1.36%  (Tied for 6th place)
  10. Synchrony Bank 1.34% APY 1.35% (Tied for 7th place)
  11. AloStar Bank of Commerce 1.34% APY 1.35% (Tied for 7th place)
  12. Home Savings Bank 1.34% APY 1.35% (Tied for 7th place)
  13. First Internet Bank of Indiana 1.32% APY 1.33%
  14. CIT Bank 1.31% APY 1.32%
  15. PenFed 1.30% APY 1.31%

You can view a list of CD rates for all CD terms at MonitorBankRates.com.

    Read more...
First Internet Bank of Indiana Money Market Account Rates now at 0.80%
First Internet Bank of Indiana Money Market Account rates are now at 0.80 percent with a yield of 0.80 percent. View current Money Market Account rates at First Internet Bank of Indiana below.     Read more...
First Internet Bank of Indiana 1 Year CD Rates now at 1.15%
First Internet Bank of Indiana 1 Year CD rates are now at 1.15 percent with a yield of 1.16 percent. View current 1 Year CD rates at First Internet Bank of Indiana below.     Read more...
First Internet Bank of Indiana Money Market Account Rates now at 0.80%
First Internet Bank of Indiana Money Market Account rates are now at 0.80 percent with a yield of 0.80 percent. View current Money Market Account rates at First Internet Bank of Indiana below.     Read more...
First Internet Bank of Indiana Savings Jumbo Rates now at 0.60%
First Internet Bank of Indiana Savings Jumbo rates are now at 0.60 percent with a yield of 0.60 percent. View current Savings Jumbo rates at First Internet Bank of Indiana below.     Read more...
First Internet Bank of Indiana Money Market Account Rates now at 0.80%
First Internet Bank of Indiana Money Market Account rates are now at 0.80 percent with a yield of 0.80 percent. View current Money Market Account rates at First Internet Bank of Indiana below.     Read more...
First Internet Bank of Indiana Money Market Account Rates now at 0.80%
First Internet Bank of Indiana Money Market Account rates are now at 0.80 percent with a yield of 0.80 percent. View current Money Market Account rates at First Internet Bank of Indiana below.     Read more...
First Internet Bank of Indiana Savings 10K Rates now at 0.60%
First Internet Bank of Indiana Savings 10K rates are now at 0.60 percent with a yield of 0.60 percent. View current Savings 10K rates at First Internet Bank of Indiana below.     Read more...

Compare First Internet Bank of Indiana's CD Rates With Other Bank Rates Below

First Internet Bank of Indiana Financials

Total Assets: $610,533,000
Total Deposits: $511,467,000
Equity Capital: $55,614,000
Domestic Deposits: $511,467,000
Net Income: $1,205,000
Net Income (Quarterly): $1,205,000
Headquarters: Indianapolis
FDIC Field Office: Indianapolis
Regulator: FDIC
County: Marion
# of Offices: 2
Metropolitan Statistical Area (MSA): Indianapolis, IN
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region: Central
FDIC Region: Chicago
Last Updated: 2010-11-16
Source: FDIC