First Internet Bank recently announced that Genevieve Lua has “joined its growing Small Business Administration (SBA) Lending team as a Vice President, Business Development Officer.”
First Internet Bank Vice President, National SBA Sales Manager Mark Gibson said:
“Genevieve’s people-first focus and relationship-building skills are important assets. Her deep lending expertise will be beneficial in helping the entrepreneurial community navigate the SBA loan process, making capital more accessible.”
Prior to joining First Internet Bank, Lua served “as Vice President Business Banker at Bank of America, where she maintained account relationships with small and medium-sized business customers.”
Previous tenure “includes experience with JPMorgan Chase as an Associate Vice President, Business Relationship Manager II.”
Ms. Lua “received her Bachelor’s degree from the University of Phoenix.”
Lua stated:
“Small businesses need flexible financial solutions to help meet their unique needs. I look forward to joining First Internet Bank’s talented SBA team.”
With assets of $4.2 billion as of December 31, 2021, the Bank “provides consumer and small business deposits, SBA financing, consumer loans, residential mortgages and specialty finance services nationally.”
The Bank also “offers commercial real estate loans, commercial and industrial loans and treasury management services.”
The Bank is “a wholly owned subsidiary of First Internet Bancorp (Nasdaq: INBK).”
First Internet Bank “is a member FDIC.”
As covered earlier this month, for many consumers and small business owners, the result of one or more overdraft fees can be “devastating.”
To address this issue, First Internet Bank has announced that it is “removing overdraft fees on personal and small business deposit accounts.” This change has been made “to deliver a better – and less costly – banking experience for account holders.”
Nicole Lorch, President and Chief Operating Officer of First Internet Bank, stated (earlier this month):
“We have always had a commitment to make banking as customer-centric as possible. As auto-billing has become the norm, it is not uncommon for anyone to lose track of when payments come due. By removing overdraft fees, we give our customers more peace of mind when managing their finances. Simply put, we think it is the right decision and the way banking should be.”
As a result of the decision, First Internet Bank now gives customers “the added control they need to increase their financial wellness, while eliminating the inconvenience and cost that could come with an inadvertent overdraft.”
Since 1999, First Internet Bank has been “dedicated to finding a better way to bank.”