First Internet Bank to Build Six-Story HQ in Fishers

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First Internet Bank to Build Six-Story HQ in Fishers

Nation's first all-online bank moved headquarters from Indy to Fishers two years ago

(FISHERS, Ind.) - Fishers is getting a new corporate headquarters building.

First Internet Bank was the first entirely online bank when it opened for business in Indianapolis in 1999, and except for a brief experiment with a single brick-and-mortar branch in Indy, it's remained all-digital ever since. But it does need a physical headquarters for employees. A new six-story brick, stone and glass tower near Fishers' city hall will be its seventh location, two miles west of its current one.

Founder and CEO David Becker says the current headquarters is bursting at the seams -- he says the bank recently converted a conference room into two dozen employee workspaces. The new building will include room for the bank to expand further. Becker says that should allow the bank to make the new building its home for the next 15-to-20 years after it opens in 2021.

A new downtown Fishers hotel will open next door at about the same time. Mayor Scott Fadness says those two projects and an apartment building planned across the street represent a significant step forward for the city, giving people who work downtown a place to live nearby.

Becker says the new building gives First Internet the chance to build an office with employees in mind, with more natural light, open workspaces, an onsite gym, and easy access to an extended Nickel Plate Trail. The building will include a bicycle area so employees can bike the trail during breaks.

Fadness says the land became available when the owners of Archer's Meats, a downtown fixture for nearly half a century, advised the city in 2017 they were ready to retire and sell the land and some adjoining property. The vacant butcher shop was torn down two months ago to make way for the bank development.

First Internet Bank CEO David Becker (center) and Fishers Mayor Scott Fadness survey the site of the bank's planned new headquarters after a ceremonial groundbreaking. (Photo: Eric Berman/WIBC)

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