MASHINIi

First Internet Bancorp.

INBK.US | Other monetary intermediation

First Internet Bancorp is a bank holding company. It operates through its subsidiary, First Internet Bank of Indiana. The bank provides a range of retail and commercial banking services and products to individuals and businesses. Its services include checking and savings accounts, money market accou...Show More

Ethical Profile

Mixed.

First Internet Bancorp (INBK.US) demonstrates strong worker respect, with a 22:1 CEO to median employee pay ratio and a median salary of $87,993. The company raised its minimum hourly wage to $20.00 in 2022 and has earned "Top Workplace" recognition in Central Indiana for multiple years. INBK also supports communities, including a $125,000 grant to the Indianapolis Neighborhood Housing Partnership and a $16 million home loan purchase agreement with Habitat for Humanity. While its direct environmental impact is low, comprehensive data on carbon emissions and reduction targets remains largely unavailable. Information on fair money practices, ethical sourcing, honest business conduct, and tech safety is currently insufficient for a full ethical assessment.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

No evidence available to assess First Internet Bancorp on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess First Internet Bancorp on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

20

The company's CEO pay ratio for 2024 was 22:1.

1
Employee engagement is reflected by 76% of employees stating they would recommend working there to a friend, and an overall employee rating of 4.1 out of 5 stars.
2
The company offers medical, dental, and vision insurance, but the percentage of the workforce covered is not specified.
3

Fair Trade & Ethical Sourcing

0

No evidence available to assess First Internet Bancorp on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles for any of the KPIs related to Honest & Fair Business. The articles consist of SEC filing links

1
, a 10-Q report focusing on financial performance
2
, and banking product disclosures
3
, none of which contain information on regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversies, complaint resolution times, board conflicts of interest, anti-corruption policies, or third-party verification of ethical claims.
4

Kind to Animals

0

First Internet Bancorp (INBK.US) is a bank holding company providing financial services. Its core business model does not involve products or operations related to animal testing, animal-derived ingredients, animal agriculture, or direct wildlife habitat impact. The company's ESG reports explicitly state that no data on animal welfare practices, animal testing, or ethical sourcing of ingredients/materials is provided, and that all 'Kind to Animals' metrics are not applicable to its operations.

1

No War, No Weapons

0

The provided article focuses solely on the company's banking services, products, and mission.

1
It contains no information or data points relevant to any of the 'No War, No Weapons' KPIs, including defense contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other related ethical considerations.
2

Planet-Friendly Business

0

The provided articles, including the company's 2021 ESG report summary, explicitly state a significant data gap across all environmental performance indicators. No specific data is available for carbon emissions (Scope 1, 2, or 3), science-based targets, renewable energy use, water consumption, green building certifications, waste diversion, EU Taxonomy alignment, lifecycle impact analysis, recycled material usage, carbon offset quality, climate-positive initiatives, supply chain climate transparency, supplier targets, biodiversity efforts, deforestation policies, environmental compliance violations, environmental impact assessments, net-zero targets, TCFD alignment, climate scenario analysis, stranded asset transparency, water from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing.

1
The company is also noted as not participating in any tracked reduction initiatives.
2

Respect for Cultures & Communities

0

No specific, quantitative evidence was found in the provided articles to assess First Internet Bancorp against the defined KPIs for 'Respect for Cultures & Communities'. While articles mention general community involvement, such as partnerships with local organizations like Habitat for Humanity and the Indianapolis Neighborhood Housing Partnership, and a $12,500 matching fund commitment for a grant, these data points do not align with the quantitative thresholds specified in the rubric for any KPI.

1
Therefore, no KPIs could be scored.

Safe & Smart Tech

0

No evidence available to assess First Internet Bancorp on Safe & Smart Tech.

Zero Waste & Sustainable Products

-40

First Internet Bancorp has not reported any waste disposal violations or citations in the past three years, with its 2021 ESG report and other sources indicating no specific regulatory actions, violations, fines, or compliance issues related to waste management.

1
The company has implemented at least one waste reduction initiative, saving the equivalent of 33,000 plastic water bottles over three years.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.