First Internet Bank of Indiana CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

  1. Home
  2. Banks
  3. First Internet Bank of Indiana Deposit Rates
Today's 12-month CD rates can be found at 4.07%, 6-month CD rates at 5.01% and 3-month CD rates at 5.66%. Current savings rates are at 0.50% and money market rates are at 0.65%. Mortgage rates today on 30-year fixed loans are around 6.80%. Credit Card rates are at 15.04%. Personal Loan rates are at 8.99%. All these rates, and more, can be found in our database of rates. First Internet Bank of Indiana's 12-Month CD rates are at 5.35%, 6-Month CD rates are at 5.22%, 18-Month CD rates are at 5.07%, 24-Month CD rates are at 4.85%, 36-Month CD rates are at 4.75%.

First Internet Bank of Indiana

To see how these rates compare to First Internet Bank of Indiana CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from First Internet Bank of Indiana, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with First Internet Bank of Indiana CD rates. You can also compare First Internet Bank of Indiana savings rates, MMA rates and mortgage rates using our other rate lists.

First Internet Bank of Indiana money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at First Internet Bank of Indiana? Share your experience about First Internet Bank of Indiana by leaving a review below, or read customer reviews before you decide to use First Internet Bank of Indiana.

First Internet Bank of Indiana Texas Ratio

First Internet Bank of Indiana's Texas Ratio is at 1.43%, which is considered excellent. The Texas Ratio for First Internet Bank of Indiana is lower than the national average of all banks, currently at 6.24%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, First Internet Bank of Indiana is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
5.35%
18-Month CD
5.07%
24-Month CD
4.85%
36-Month CD
4.75%
48-Month CD
4.54%
60-Month CD
4.59%
Savings
N/A
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
First Internet Bank of Indiana
8701 E 116th St
Fishers, IN 46038
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

First Internet Bank of Indiana CD Rates and Interest Rates

Bank
Product
APY
Min Dep
First Internet Bank of Indiana
First Internet Bank of Indiana
12-Month CD
5.35%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
6-Month CD
5.22%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
18-Month CD
5.07%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
24-Month CD
4.85%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
36-Month CD
4.75%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
60-Month CD
4.59%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
48-Month CD
4.54%
$1,000
First Internet Bank of Indiana
First Internet Bank of Indiana
3-Month CD
4.18%
$1,000
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare First Internet Bank of Indiana Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
First National Bank of America (FNBA)
First National Bank of America (FNBA)
48-Month CD
4.65%
$1,000
Seattle Bank
Seattle Bank
18-Month CD
5.80%
$1,000
Napoleon State Bank
Napoleon State Bank
12-Month CD
3.65%
$500
The Bank of Tescott
The Bank of Tescott
12-Month CD
4.04%
$0
The Bank of Steinauer
The Bank of Steinauer
24-Month CD
2.22%
$500
Crest Savings Bank
Crest Savings Bank
9-Month CD
0.25%
$500
Leader Bank
Leader Bank
8-Month CD
5.40%
$1,000
Maries County Bank
Maries County Bank
15-Month CD
1.31%
$1,000
Ameriprise Financial
Ameriprise Financial
7-Month CD
4.95%
$0
NexBank
NexBank
6-Month CD Promotional Online
5.50%
$25,000
Spring Bank Brookfield, WI
Spring Bank Brookfield, WI
High Yield Money Marke
3.25%
$250,000
Bank First, NA
Bank First, NA
6-Month CD
3.02%
$1,000
Premier Bank Dubuque, IA
Premier Bank Dubuque, IA
36-Month CD
2.00%
$1,000
Mercer County State Bank
12-Month CD IRA
1.50%
$50
Bank of Clovis
Bank of Clovis
60-Month CD
5.13%
$5,000
Vermilion B&T Co.
Vermilion B&T Co.
30-Month CD
2.28%
$500
GSL Savings Bank
GSL Savings Bank
24-Month CD
1.68%
$500
PNB Peshtigo National Bank
PNB Peshtigo National Bank
9-Month CD special
4.75%
$500
The Golden 1 Credit Union
The Golden 1 Credit Union
Money Market Savings
1.50%
$500,000
FLC Bank
FLC Bank
12-Month CD
0.35%
$2,000
New Market Bank
New Market Bank
18-Month CD
3.01%
$500
Access Federal Credit Union
Access Federal Credit Union
14-Month CD share certificate special
5.25%
$1,000
Woodruff Federal S&L
Woodruff Federal S&L
18-Month CD
3.85%
$1,000
121 Financial Credit Union
121 Financial Credit Union
Money Market
1.25%
$50,000
The Citizens Bank Hickman, KY
The Citizens Bank Hickman, KY
12-Month CD
2.22%
$500
State Bank of Graymont
State Bank of Graymont
18-Month CD
0.95%
$1,000
Adirondack Trust Company
Adirondack Trust Company
12-Month CD
0.20%
$500
Presence Bank
Presence Bank
CD PICK YOUR TERM
5.61%
$250
Monroe Federal S&L
Monroe Federal S&L
60-Month CD
3.25%
$1,000
Exchange Bank of Alabama
Exchange Bank of Alabama
60-Month CD
3.38%
$1,000
Farmers Bank of Appomattox
Farmers Bank of Appomattox
Money Market
0.10%
$1,000
Genesee Regional Bank
Genesee Regional Bank
Personal Money Market
0.25%
$2,500
American Bank, N.A. Le Mars, IA
American Bank, N.A. Le Mars, IA
Statement Savings
0.60%
$0
Mutual Security Credit Union
Mutual Security Credit Union
36-Month CD certificate
1.00%
$500
Anderson Brothers Bank
Anderson Brothers Bank
24-Month CD
3.30%
$10,000
Cornerstone Bank Moorestown, NJ
Cornerstone Bank Moorestown, NJ
36-Month CD
0.30%
$500
Center National Bank
Center National Bank
Money Market Savings
0.35%
$10,000
Home Bank SB
Home Bank SB
59-Month CD special
2.02%
$500
North Shore Bank
North Shore Bank
36-Month CD
0.20%
$1,000
Third Federal Savings and Loan
Third Federal Savings and Loan
24-Month CD
1.50%
$500
The Wilmington Savings Bank
The Wilmington Savings Bank
13-Month CD
4.39%
$500
The Bank of Brodhead
The Bank of Brodhead
13-Month CD special
3.95%
$10,000
First Commercial Bank, N.A.
First Commercial Bank, N.A.
7-Month Jumbo CD special $1 Million+
5.41%
$1,000,000
Regional Missouri Bank
Regional Missouri Bank
48-Month CD
3.75%
$1,000
OAB One American Bank
OAB One American Bank
36-Month CD
1.96%
$500
Charles River Bank
Charles River Bank
Passbook Savings
0.05%
$10
Prevail Bank
Prevail Bank
18-Month CD
1.10%
$1,000
F&M Bank & Trust
F&M Bank & Trust
13-Month CD special
4.75%
$25,000
Winchester Co-operative Bank
Winchester Co-operative Bank
36-Month CD
4.00%
$500
PNB Peshtigo National Bank
PNB Peshtigo National Bank
30-Month CD special
5.00%
$500
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates February 23, 2024

Lender
Product
Rate
APR
Points
8.375%
8.432%
0.375
8.250%
8.411%
0.000
8.150%
8.354%
0.000
10-Year ARM
8.000%
8.099%
0.000
5-Year Jumbo ARM
5.875%
8.098%
2.000
30-Year Jumbo Fixed
7.750%
7.911%
1.000
5-Year ARM FHA
5.750%
7.888%
2.000
7-Year ARM
7.500%
7.847%
0.000
5Y/6M ARM
6.750%
7.841%
0.881
7-Year ARM
6.990%
7.764%
0.000
30-Year Fixed
7.421%
7.750%
0.000
7.500%
7.746%
0.000
7.500%
7.735%
1.000
5-Year ARM
6.000%
7.685%
2.000
7.500%
7.682%
1.000
6.500%
7.670%
0.500
5/6 Month ARM
6.750%
7.623%
1.000
6.500%
7.600%
0.500
7.250%
7.591%
0.000
7.500%
7.573%
0.000
30-Year Fixed FHA
6.000%
7.565%
0.000
6.875%
7.559%
0.000
7Y/6M ARM
6.500%
7.545%
0.908
7.125%
7.524%
1.000
6.625%
7.510%
0.500
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

First Internet Bank of Indiana Information

First Internet Bank of Indiana
8701 E 116th St
Fishers, IN 46038
Hamilton
Established Date: 12/28/1998
FDIC Certificate #: 34607
Date of FDIC Deposit Insurance: 12/28/1998
Bank Holding Company: FIRST INTERNET BCORP
How Many Domestic U.S. Offices? 2
How Many Branches are There? 2
Is First Internet Bank of Indiana FDIC Insured? Yes
What is First Internet Bank of Indiana's Cert number? 34607
What is the maximum amount for insured deposits? $250,000 per holder, per account

First Internet Bank of Indiana Financials

Total Assets:
$4,711,218,000
Total Deposits:
$3,636,285,000
Equity Capital:
$437,454,000
Domestic Deposits:
$3,636,285,000
Net Income:
$-1,323,000
Return on Assets:
1.0910%
Quarterly Return on Assets:
-0.1100%
Pretax Return on Assets:
-0.2736%
Pretax Quarterly Return on Assets:
-0.2700%
Return on Equity:
10.6500%
Quarterly Return on Equity:
-1.2100%
Common Equity Tier 1 Capital Ratio:
13.8740%
Tier 1 Risk-Based Capital Ratio:
13.8740%
Leverage Tier 1 (Core Capital) Ratio:
11.2177%
Total Risk-Based Capital Ratio (YTD):
14.7689%
Total Interest Income (YTD):
3.7116%
 
 
Headquarters:
Fishers
FDIC Field Office:
Indianapolis
Regulator:
FDIC
County:
Hamilton
# of Offices:
2
Metropolitan Statistical Area (MSA):
Indianapolis-Carmel-Anderson, IN
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
Central
FDIC Region:
Chicago
Source: FDIC

Are you Looking for High Interest Rates on your Savings?

Are you looking for high interest rates on your savings? A 12-month certificate of deposit (CD) with rates above 4.00 percent may be the right choice for you. Banks and credit unions offer CD's as a type of savings account that generally have higher interest rates than traditional savings accounts. However, these accounts require the deposit to stay in the account for a specified period of time, usually ranging from a few months to several years.

When searching for the best CD rates, it's essential to compare rates from different financial institutions. Websites such as monitorbankrates.com and bankrate.com can be incredibly helpful in this regard. According to monitorbankrates.com, some of the highest 12-month CD rates currently available include: Connexus Credit Union with 4.85%, First Internet Bank of Indiana with 4.75 percent, CIT Bank, also with 4.75 percent, and CFG Community Bank with 4.70 percent. Bankrate.com also lists several financial institutions offering 12-month CD rates above 4.00 percent, such as American Express National Bank with 4.15 percent and Discover Bank with 4.15 percent.

When considering a CD, it's important to consider the rate as well as the length of the term. A higher rate may be more attractive, but if the term is longer, the account holder may miss out on potentially higher rates if they become available in the future. Additionally, it's important to consider whether the account holder will need to access the funds before the term is up, as early withdrawals may result in penalties.

    Read more...

CD Rates: Best Interest Rates Available Today at 2.15% APY

CD rates started increasing when the Federal Reserve started increasing the fed funds rate back in March 2022. The increase in rates was rather swift, since March, the best CD rates on 12-month certificates of deposit are now over 2.00 percent. In fact, the highest 12-month CD rate right available today on the rate list is at 2.15% APY.

MonitorBankRates.com

CD Rates: Best 12-Month Rates Available Today

    Read more...

12 Month CD Rates Higher Than Inflation Rate

Twelve month CD rates are now above the current inflation rate and this hasn't been the case for over a decade. This is great news for retirees who can now invest in certificates of deposit and actually make money when inflation is taken into account.For the past decade, if you invested in certificates of deposit, you were probably getting a CD rate lower than the rate of inflation. You actually lost money by investing in either short term or long term certificates of deposit.For example, back in 2012, the highest 12 month CD rates were around 1.00 percent. The inflation rate in 2012 was 2.10 percent, giving you a negative return of 1.10 percent. Looking at it another way, for every $10,000 invested you actually lost $110.00.     Read more...

Best 12 Month CD Rates at 2.50 Percent, A Multi-Year High

Several banks and credit unions increased CD rates this week and as a result, the best 12 month CD rates are now at 2.50 percent, a multi-year high. The last time 1 year CD rates were in the 2.50 percent range, was during the financial crisis in 2008/2009.When the financial crisis hit and caused the Great Recession, the Federal Reserve lowered the fed funds rate to nearly zero percent. This caused deposit rates to plummet to all-time lows the following four years. The best 12 month CD rates were actually under 1.00 percent at the low point in 2013.National average rates were even worse because of big brick and mortar banks were offering extremely low rates. At the lowest point during early 2013, MonitorBankRates.com reported 12 month CD rates averaged 0.68 percent. The FDIC's weekly national average rates were even lower, averaging a low of 0.20 percent.     Read more...

Brand New High for 12 Month CD Rates in 2017

12 Month CD ratesWe just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from CrestMark Bank. You can read about that post Crestmark Bank Best Rate 1.70%.The uptrend for CD rates will continue for the rest of this year and into at least 2018 and it may last even longer if the economy doesn't fall into a recession. The Federal Open Market Committee meets this month and will more than likely increase the fed funds rate by 25 basis points.Another fed funds rate increase will put additional upward pressure on short term interest rates. 1 year CD rates could therefore hit 1.90 percent this month and 2.00 percent sometime early in 2018. Back in early October, we forecast 1 year CD rates hitting 2.00 percent as a result of another fed funds rate increase.     Read more...

Three Banks Now Offering 1 Year CD Rates at 1.75%

1 year CD RatesWe expect the increase in rates to continue next month and into 2018. The Fed is widely expected to increase the rate during their meeting in December. In fact, the CME Group's FedWatch Tool puts the probability of an increase at 91.5 percent, as of this writing.The current fed funds rate is in a range of 1.00 percent to 1.25 percent. An increase in December will put the rate between 1.25 percent and 1.50 percent. The last time the rate was that high was nearly a decade ago. You can view the history of the fed funds rate going back to 1955 in this Rate Chart.

Current Top 1 Year CD Rates

    Read more...

Fed Stands Pat on Rates as Online CD Rates March Higher

The Federal Reserve wrapped up their two day meeting yesterday and decided to keep the fed rates unchanged. The Fed was expected to stand pat on rates during the September meeting. Even though the Fed kept rates where they are, online CD rates continue to march higher.Weekly CD Rates September 21, 2017Between this Fed meeting and the last meeting in July, we have witnessed several new highs for short term CD rates. 1 year CD rates already made two new highs in the month of September. On September 5th, we reported the top 1 year CD rate increased to 1.60 percent and now the top 1 year rate is at 1.65 percent.We are still predicting 1 year CD rates will hit a high of 1.75 percent by the end of 2017 but only if the Fed increases the fed funds rate once more this year. You can see a list of the best 1 year CD rates listed below.     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.

    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...

First Internet Bank of Indiana 1 Year Jumbo CD Rates now at 1.20%

First Internet Bank of Indiana 1 Year Jumbo CD rates are now at 1.20 percent with a yield of 1.21 percent. View current 1 Year Jumbo CD rates at First Internet Bank of Indiana below.     Read more...

First Internet Bank of Indiana Savings 50K Rates now at 0.60%

First Internet Bank of Indiana Savings 50K rates are now at 0.60 percent with a yield of 0.60 percent. View the current Savings 50K rates at First Internet Bank of Indiana below.     Read more...

First Internet Bank of Indiana CD Rate Changes

Listed below are recent First Internet Bank of Indiana CD Rate Changes. See how First IB's rates compare with other bank CD rates by searching our rate database at MonitorBankRates.com.

First Internet Bank of Indiana CD Rates

 

BankProductRate (new / old)Yield (new / old)
First Internet Bank of Indiana3 yr CD1.55 / 1.601.56 / 1.61
First Internet Bank of Indiana5 yr CD2.2 / 2.252.22 / 2.27
First Internet Bank of Indiana5 yr jumbo CD2.2 / 2.252.22 / 2.27
First Internet Bank of Indiana3 yr IRA CD1.55 / 1.601.56 / 1.61
First Internet Bank of Indiana5 yr IRA CD2.2 / 2.252.22 / 2.27
First Internet Bank of Indiana5 yr jumbo IRA CD2.2 / 2.252.22 / 2.27
First Internet Bank of Indiana3 yr jumbo CD1.55 / 1.601.56 / 1.61
First Internet Bank of Indiana3 yr jumbo IRA CD1.55 / 1.601.56 / 1.61
First Internet Bank of Indiana4 yr CD1.8 / 1.851.81 / 1.87
First Internet Bank of Indiana4 yr IRA CD1.8 / 1.851.81 / 1.87
First Internet Bank of Indiana4 yr jumbo CD1.8 / 1.851.81 / 1.87
First Internet Bank of Indiana4 yr jumbo IRA CD1.8 / 1.851.81 / 1.87
    Read more...

First Internet Bank of Indiana Increases CD Rates

CD rates at First Internet Bank of Indiana were increased across the board. First Internet Bank now has the best 2 year CD rate and best 5 year CD rate available in our database. The higher rates also puts FIB in the top 5 rates available in the database for many other CD terms. All the recent rate changes are listed below. You can see how FIB's new higher CD rates compare with other bank's rates by searching our databases at Best CD Rates.

 

BankProductRate (New / Old)Yield (New / Old)
First Internet Bank of Indiana3 month CD0.5 / 0.450.5 / 0.45
First Internet Bank of Indiana6 month CD0.9 / 0.80.9 / 0.8
First Internet Bank of Indiana1 yr CD1.2 / 1.11.21 / 1.11
First Internet Bank of Indiana2 yr CD1.5 / 1.41.51 / 1.41
First Internet Bank of Indiana3 yr CD1.6 / 1.551.61 / 1.56
First Internet Bank of Indiana5 yr CD2.25 / 2.22.27 / 2.22
First Internet Bank of Indiana3 month jumbo CD0.5 / 0.450.5 / 0.45
First Internet Bank of Indiana6 month jumbo CD0.9 / 0.80.9 / 0.8
First Internet Bank of Indiana1 yr jumbo CD1.2 / 1.11.21 / 1.11
First Internet Bank of Indiana5 yr jumbo CD2.25 / 2.22.27 / 2.22
First Internet Bank of Indiana3 month $25K CD0.5 / 0.450.5 / 0.45
First Internet Bank of Indiana6 month $25K CD0.9 / 0.80.9 / 0.8
First Internet Bank of Indiana3 month $50K CD0.5 / 0.450.5 / 0.45
First Internet Bank of Indiana6 month $50K CD0.9 / 0.80.9 / 0.8
First Internet Bank of Indiana1 yr IRA CD1.2 / 1.11.21 / 1.11
First Internet Bank of Indiana2 yr IRA CD1.5 / 1.41.51 / 1.41
First Internet Bank of Indiana3 yr IRA CD1.6 / 1.551.61 / 1.56
First Internet Bank of Indiana5 yr IRA CD2.25 / 2.22.27 / 2.22
First Internet Bank of Indiana2 yr jumbo IRA CD1.5 / 1.41.51 / 1.41
First Internet Bank of Indiana5 yr jumbo IRA CD2.25 / 2.22.27 / 2.22
First Internet Bank of Indiana18 month IRA CD1.35 / 1.251.36 / 1.26
First Internet Bank of Indiana18 month CD1.35 / 1.251.36 / 1.26
First Internet Bank of Indiana2 yr jumbo CD1.5 / 1.41.51 / 1.41
First Internet Bank of Indiana1 yr jumbo IRA CD1.2 / 1.11.21 / 1.11
First Internet Bank of Indiana18 month jumbo CD1.35 / 1.251.36 / 1.26
First Internet Bank of Indiana3 yr jumbo CD1.6 / 1.551.61 / 1.56
First Internet Bank of Indiana18 month jumbo IRA CD1.35 / 1.251.36 / 1.26
First Internet Bank of Indiana3 yr jumbo IRA CD1.6 / 1.551.61 / 1.56
First Internet Bank of Indiana4 yr CD1.85 / 1.81.87 / 1.81
First Internet Bank of Indiana4 yr IRA CD1.85 / 1.81.87 / 1.81
First Internet Bank of Indiana4 yr jumbo CD1.85 / 1.81.87 / 1.81
First Internet Bank of Indiana4 yr jumbo IRA CD1.85 / 1.81.87 / 1.81
    Read more...

CD Rate Increases from First Internet Bank of Indiana

First Internet Bank of Indiana has increased interest rates on all of their certificates of deposit. This is the second time since October that First Internet Bank of Indiana increased their CD rates. Listed below are the most recent CD rate changes.

First Internet Bank of Indiana CD Rates

BankProductRate (New / Old)Yield (New / Old)
First Internet Bank of Indiana6 month CD0.8 / 0.70.8 / 0.7
First Internet Bank of Indiana1 yr CD1.1 / 11.11 / 1
First Internet Bank of Indiana2 yr CD1.4 / 1.31.41 / 1.3
First Internet Bank of Indiana3 yr CD1.55 / 1.51.56 / 1.5
First Internet Bank of Indiana5 yr CD2.2 / 2.152.22 / 2.15
First Internet Bank of Indiana6 month jumbo CD0.8 / 0.70.8 / 0.7
First Internet Bank of Indiana1 yr jumbo CD1.1 / 11.11 / 1
First Internet Bank of Indiana5 yr jumbo CD2.2 / 2.152.22 / 2.15
First Internet Bank of Indiana6 month $25K CD0.8 / 0.70.8 / 0.7
First Internet Bank of Indiana6 month $50K CD0.8 / 0.70.8 / 0.7
First Internet Bank of Indiana1 yr IRA CD1.1 / 11.11 / 1
First Internet Bank of Indiana2 yr IRA CD1.4 / 1.31.41 / 1.3
First Internet Bank of Indiana3 yr IRA CD1.55 / 1.51.56 / 1.5
First Internet Bank of Indiana5 yr IRA CD2.2 / 2.152.22 / 2.15
First Internet Bank of Indiana2 yr jumbo IRA CD1.4 / 1.31.41 / 1.3
First Internet Bank of Indiana5 yr jumbo IRA CD2.2 / 2.152.22 / 2.15
First Internet Bank of Indiana18 month IRA CD1.25 / 1.151.26 / 1.15
First Internet Bank of Indiana18 month CD1.25 / 1.151.26 / 1.15
First Internet Bank of Indiana2 yr jumbo CD1.4 / 1.31.41 / 1.3
First Internet Bank of Indiana1 yr jumbo IRA CD1.1 / 11.11 / 1
First Internet Bank of Indiana18 month jumbo CD1.25 / 1.151.26 / 1.15
First Internet Bank of Indiana3 yr jumbo CD1.55 / 1.51.56 / 1.5
First Internet Bank of Indiana18 month jumbo IRA CD1.25 / 1.151.26 / 1.15
First Internet Bank of Indiana3 yr jumbo IRA CD1.55 / 1.51.56 / 1.5
First Internet Bank of Indiana4 yr CD1.8 / 1.751.81 / 1.75
First Internet Bank of Indiana4 yr IRA CD1.8 / 1.751.81 / 1.75
First Internet Bank of Indiana4 yr jumbo CD1.8 / 1.751.81 / 1.75
First Internet Bank of Indiana4 yr jumbo IRA CD1.8 / 1.751.81 / 1.75
    Read more...

CD Rates Hold Steady as Fed Meets Next Week to Decide Monetary Policy

The Federal Open Market Committee (FOMC) meets again next week to decide on monetary policy. If the FOMC decides to increase the fed funds rate, CD rates will also move higher. Fed Chair, Janet Yellen, is still talking up a rate hike sometime in 2015 but some Fed officials say the first hike will happen in 2016.

The final FOMC meeting for 2015 will be in December. If a hike doesn't happen next week, the FOMC has one final chance to raise the rate this year. The CME's FedWatch Tool now has a 29.2 percent chance of a hike in December, down from 35.4 percent last month.

The past several months, banks and credit unions in our rate database have been slowing increasing their rates in anticipation of a Fed rate hike. Both short term and long term CD rates have been increased by financial institutions. The increases have been small but at least rates are finally moving higher after a half dozen years of decreases.

    Read more...

1.30% APY - This Week's Top 1 Year Rate

The Federal Open Market Committee meets in just over a week to decide on interest rates. August job's report, released last Friday, showed the labor market continuing to improve, adding pressure to the Fed to increase the fed funds rates.Whether or not the FOMC actually increases the fed funds rate is still up in the air. We hope the fed funds rate is increased 0.25 percent, so banks with the best rates will also increase their rates 0.25 percent. A few banks did change their rates this past week but there are no new high rates to report.The changes in rates are listed below along with the best CD rates currently available.     Read more...

Banks Hold Steady on CD Rates - Top Rates Remain Unchanged this Week

There were no changes to the highest CD rates available in our database this week. Financial institutions are probably holding tight on rates to see if the Federal Reserve increases the fed funds rates next month. An increase was more than likely but the recent equity market declines have made an increase less likely.If an increase doesn't happen in September, there is still a chance a rate increase will happen this year. After September's meeting, there are two more meetings in October and December. The CME Group has a FedWatch Tool which you can use to quickly gauge the market’s expectations of potential changes to the Fed Funds target rate.As of August 28, the FedWatch has market's expectation of a rate hike in September at 24 percent, a rate hike happening in October at 34 percent, and a hike in December at 52 percent.     Read more...

Explore Other Rate Deals

CD-Rates-Current-CD-Rates-July-30-2009Current CD rates have fluctuated in a narrow range for some time now.  CD rates are so low the certificate of deposit yield curve is almost flat. There is hope for the future, economists believe the economy will return to growth in the fourth quarter of 2009.
j0395751 The Federal Open Market Committee, which makes decisions about interest rates, has kept the Fed Funds rate in a targeted range of zero percent to one quarter percent since late 2008.
Mortgage rates are mixed this week as the spread between conforming 30 year mortgage rates and 30 year jumbo mortgage rates is at the lowest point ever in MonitorBankRates' survey. The current spread between average conforming rates and jumbo rates on 30 year loans is at 0.34%. Mortgage rates on 30 year home loans are averaging 4.01%, an increase from last week's average 30 year mortgage rate of 3.94%. Mortgage rates on 15 year mortgage loans are averaging 3.31% this week, an increase from last week’s average 15 year mortgage rate of 3.26%.

Bank or Credit Union Offers and Deals

Think Mutual Bank Best CD Rates
Mortgage Rates Near Historic Lows: 30 Year Mortgage Rates at 4.76%, 15 Year Mortgage Rates at 4.25%
Mortgage Rates Mixed in Mortgage Survey: Average 30 Year Contract Rates at 4.93%
Mortgage Rates: Best 30 Year Mortgage Rates and 15 Year Mortgage Rates
Mortgage Rates Slightly Higher, Still Near 2013 Lows
NewportFed 5.51% APR Checking Account
Mortgage Rates Finally Fall
CIT Bank 1 Year CD Rates now at 1.21%
Bank of America Car Loan Rates
AAA Auto Loans

Alternative Bank and Credit Union Offers to Explore

Expect Lower Mortgage Rates in Coming Weeks
Verity Credit Union Savings and Money Market Accounts
Life Insurance - Finding the Best Life Insurance Company
Live Oak Bank CD Rates: 12-Month 5.00%, 6-Month 4.80%, 24-Month 2.00%
How to Protect Against Online Identity Theft
Silvergate Bank Drastically Reduces Short Term CD Rates
ShoreBank Direct Online Savings Account
CD Rates May 31: Average CD Rates Continue to Decline
Municipal CU Savings Interest Accounts & Money Market Account
Sovereign Bank CD Rates

First Internet Bank of Indiana Reviews

There are no reviews for First Internet Bank of Indiana yet. Feel free to create one below.
Average Rating
☆☆☆☆☆
Total Reviews
0
Add Your Rating and Review for First Internet Bank of Indiana
Your Name:
Your Rating:

See how First Internet Bank of Indiana Compares to other banks