This article is about the failed United States bank. For the online service of Commonwealth Bank, see Commonwealth Bank.
NetBank, Inc.
Traded as
Nasdaq: NTBK (1997-2007)
Industry
Online banking
Founded
1996; 28 years ago (1996)
Defunct
September 28, 2007; 16 years ago (2007-09-28)
Fate
Closed by the Office of Thrift Supervision. Most of the deposits were acquired by ING Group.
Headquarters
Alpharetta, Georgia
Key people
Steven F. Herbert, CEO
Products
Retail banking Mortgage loans Vehicle insurance
Website
Archived August 20, 2007, at the Wayback Machine
NetBank, formerly named Atlanta Internet Bank (1996) and Net.B@nk (1998), was a direct bank.
Netbank suffered from bank failure and was closed by regulators on September 28, 2007. Its deposits were acquired by ING Group and the Netbank.com domain name was acquired by Axos Financial.
NetBank, formerly named Atlanta Internet Bank (1996) and Net.B@nk (1998), was a direct bank. Netbank suffered from bank failure and was closed by regulators...
MagNetBank (Hungarian: MagNet Magyar Közösségi Bank Zrt., lit. 'MagNet Hungarian Community Bank'), known as the HBW Express Savings Co-operative (Hungarian:...
planning to move to Australia. The Commonwealth Bank offers online banking services through NetBank. NetBank allows customers to transfer funds, manage accounts...
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On February 3, 2000, the company announced that it was acquiring Andover.net for $800 million, a month after it became a public company. This acquisition...
in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance...
consumer-purchasing data to catalog firms. In July 1999, DoubleClick acquired NetGravity and rebranded NetGravity AdServer as DART Enterprise. Privacy groups complained...
mortar” bank. Sea Bank - formerly Banco Laguna Inc. Sea Bank is owned by Sea Ltd, the parent company of the e-commerce platform Shopee. NetBank - formerly...
endorsed or supported by the bank. The bank urges customers making online payments to do so via the bank's own NetBank site, which guarantees the customer's...
changed its name to UUNET Technologies. In 1990, UUNET launched its AlterNet service, which provided access to an IP backbone independent of the constraints...
spiraling mortgage and credit crises, Internet banking pioneer NetBank goes bankrupt NetBank Inc was the largest savings and loan failure since the tail...
664th with a total net worth of US$1.5 billion. They made profit from kretek (clove cigarettes) company Djarum and their shares in Bank Central Asia, respectively...
acquired 104,000 customers and FDIC insured assets from NetBank after it suffered from bank failure. Two months later, ING Direct acquired Sharebuilder...
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's...
Forcepoint was founded in 1994 as an information technology reseller called NetPartners. It was renamed Websense in 1999 and became a public company in 2000...
founding partner of AME Cloud Ventures. As of July 2023,[update] Yang has a net worth of $2.5 billion. Yang was born Yang Chih-Yuan in Taipei, Taiwan, on...
September 1991. NSI gave out names in the .com, .org, .mil, .gov, .edu and .net Top Level Domains (TLDs) for free, along with free Internet Protocol (IP)...
from 1993 to 2001 of Eli Lilly and Company and a director at Texas Commerce Bank. In 1996 he held negotiations to replace Robert E. Allen as the CEO of AT&T...
AboveNet was a provider of high bandwidth telecommunication circuits primarily for large corporate enterprises and communications carriers in 17 markets...
August. Net metering policies can vary significantly by country and by state or province: if net metering is available, if and how long banked credits...
its shutdown process, all non-perishable food was donated to local food banks. Commentators point to several reasons for Webvan's failure: Aggressive...