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First Internet Bank Launches Text Message Banking

First Internet Bank (First IB), a wholly owned subsidiary of Indiana-based First Internet Bancorp, has launched mobile text message banking service that enables its customers to receive their current account balance and transaction history via text message.

Customers with mobile phones can activate the service through the bank’s website. According to the bank, once enrolled, customers can text commands to a designated short code to get a real-time account balance report or receive an update on the most recent transactions on an account. Customers may also sign up to receive a weekly balance alert, sent each Friday.

David Becker, president and CEO of First Internet Bank, said: “With text message banking, First IB fulfills its promise to empower its customers to manage their money more easily and make smarter financial choices.

“In a matter of seconds, our customer can check her balance and know whether she has enough funds to make a debit card purchase or withdraw cash at an ATM. The speed and ease of use of text message banking will make our customers’ everyday financial decisions a little easier.”