NETBANK
NetBank, formerly named Atlanta Internet Bank (1996) and Net.B@nk (1998), was a financial company engaged primarily in retail banking, mortgage banking, business finance and providing ATM and merchant processing services. NetBank was founded in February 1996 and completed its initial public offering of stock in July 1997. It was one of the pioneers of the Internet banking industry, and recognized as one of the first internet-only banks. Netbank was a victim of the financial meltdown and was closed on September 28, 2007, by the Office of Thrift Supervision (OTS) in conjunction with the Federal Deposit Insurance Corporation (FDIC). FDIC insured deposits were acquired by another on-line bank ING Direct.
NETBANK
Social Links:
Industry:
Banking Finance Financial Services Retail
Founded:
1996-02-01
Address:
Edison, New Jersey, United States
Country:
United States
Website Url:
http://www.netbank.com
Total Employee:
1001+
Status:
Closed
Email Addresses:
[email protected]
Technology used in webpage:
SPF Microsoft Exchange Online Office 365 Mail Microsoft Azure DNS Cloudflare Hosting Cloudflare DNS Facebook Domain Insights Cloudflare Bot Manager Automattic WordPress Hosting
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Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2004-07-11 | Beacon Credit Services | Beacon Credit Services acquired by NetBank | N/A |
| 2003-10-06 | NetBank Payment Systems | NetBank Payment Systems acquired by NetBank | 17 M USD |
| 2001-11-20 | Resource Bancshares Mortgage Group | Resource Bancshares Mortgage Group acquired by NetBank | 164.85 M USD |
| 2001-04-16 | Market Street Mortgage | Market Street Mortgage acquired by NetBank | N/A |
