First Internet Bank Names New Managing Director

By Marie Browning

First Internet Bank of Indiana welcomes Daniel E. Burd as Managing Director of its asset-based lending line of business, First Internet Bank Business Capital. Mr. Burd brings over 30 years experience in asset-based and commercial lending at financial institutions.

Prior to joining First Internet Bank, Mr. Burd served as Vice President and Loan Team Daniel Burd First Internet Bank of IndianaManager at Wells Fargo Bank for more than five years. He also served executive level positions at Northwest Acceptance, Textron Financial, and Wells Fargo. In his years as a banker, he has received several awards recognizing his skills and expertise. In 2010, he was the recipient of the Wells Fargo Shared Success Award – Focus on Community, and he was also awarded Asset Based Lending – Employee of the Year in 2005 from Textron Financial.

David Becker, President and CEO of First Internet Bank, said, “We are pleased to have Dan on board to orchestrate the growth of this line of business. His passion for finding appropriate financing solutions to help businesses will be a key to the team’s success in asset-based lending.”

At present, Mr. Burd is the Director of the Northwest Chapter of the Turnaround Management Association, and he is a member of the Commercial Finance Association. He earned his Bachelor of Science degree in Business Administration, with emphasis in Finance from Oregon State University.

About First Internet Bank of Indiana
Founded in 1999, First Internet Bank of Indiana opened as the first state-chartered, FDIC-insured institution to operate solely via the Internet and has customers in all 50 states. It is a premier provider of online retail and business banking services nationwide. Additional information can be found at www.firstib.com.

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