First Internet Bank of Indiana (www.firstib.com),
a premier provider of online retail and business banking services
nationwide, is pleased to announce Kay Whitaker has joined the company
as Senior Vice President and Chief Financial Officer.
Ms. Whitaker comes to First Internet Bank following five years as CFO at
Central Indiana Community Foundation (CICF), where she provided
financial oversight for 800 philanthropic funds and 165 investment
accounts across multiple portfolios as well as the operations of CICF
and affiliates. At CICF, she consistently delivered top quartile
investment returns and was named 2012 CFO of the Year in the
not-for-profit sector by the Indianapolis Business Journal. Prior
to that, Ms. Whitaker was Vice President and CFO/Treasurer at Citizens
Energy, where she headed a corporate acquisition, issued debt
instruments, and implemented SOX compliance controls. As a consultant
with PriceWaterhouseCoopers, she advised multi-billion dollar firms on
finance operations, governance and enterprise risk management.
“Kay has had phenomenal success guiding organizations through periods of
regulatory disruptions and major market shifts,” said David B. Becker,
President, CEO and Chairman of the Board of First Internet Bank. “I am
confident she is the right person to build on the existing strengths of
the Bank to catapult us to the next level.”
“I was drawn to the entrepreneurial spirit that lives at First Internet
Bank,” said Ms. Whitaker. “The Bank is in a period of growth and has
tremendous potential. I am thrilled to have this chance to steer the
company through this sea of opportunity.”
While she has left the non-for-profit sector, Ms. Whitaker will continue
to express her love of philanthropy through her continued participation
on a number of boards and committees. She currently serves on the
advisory board for Grameen America Indianapolis and Treasurer of the
Indianapolis Neighborhood Housing Partnership Initiative. Ms. Whitaker
was a founding member of the (Indiana University) Kelley School of
Business Women’s MBA Advisory Board and has also held advisory roles
with Humane Society of Indianapolis, Trinity Episcopal Church and the
Indiana Writers’ Center. She is a member of the AICPA and Indiana CPA
Society,
A graduate of Indiana University’s Kelley School of Business, Ms.
Whitaker received her bachelor’s degree in Accounting and her MBA in
International Business.
About First Internet Bank
First Internet Bank of Indiana (First IB) is the first state-chartered,
FDIC-insured institution to operate solely via the Internet and has
customers in all 50 states. Deposit services include checking accounts,
regular and money market savings accounts with industry-leading interest
rates, CDs and IRAs. First IB also offers consumer loans, conforming
mortgages, jumbo mortgages, home equity loans and lines of credit, and
commercial loans. First IB is a wholly owned subsidiary of First
Internet Bancorp (OTCQB:FIBP).
About First Internet Bancorp
First Internet Bancorp, the parent company of First Internet Bank of
Indiana, is privately capitalized with over 220 private and corporate
investors. First Internet Bank opened for business in 1999. The Bancorp
became the parent of the Bank effective March 21, 2006.
Safe Harbor Statement
This press release may contain forward-looking statements with
respect to the financial condition, results of operations, plans,
objectives, future performance or business of the Company. Forward-looking
statements are generally identifiable by the use of words such as
“believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,”
“will,” “would,” “could,” “should” or other similar expressions.
Forward-looking statements are not a guarantee of future performance or
results, are based on information available at the time the statements
are made and involve known and unknown risks, uncertainties and other
factors that could cause actual results to differ materially from the
information in the forward-looking statements. Factors that may
cause such differences include: risks associated with the regulation of
financial institutions and holding companies, including capital
requirements and the costs of regulatory compliance; failures or
interruptions in communications and information systems; general
economic conditions and conditions in the lending markets; competition;
the plans to grow commercial lending; the loss of key members of
management and other matters discussed in the press release. All
statements in this press release, including forward-looking statements,
speak only as of the date they are made, and the Company undertakes no
obligation to update any statement in light of new information or future
events.
