|
Once the granddaddy of the online banking industry, NetBank is at the end of the line. In 2007 financial regulators shut the bank down; Dutch bank ING took over NetBank's insured deposits and and some $1.5 billion in non-insured deposits. NetBank was founded in 1996, at the dawn of the dot-com era, and at its peak offered round-the-clock online banking services to nearly 285,700 customers across the US and in some 90 countries. The ING deal came after competitor EverBank backed out of buying NetBank's brand, its held-for-investment loan portfolio, and other operations; EverBank did acquire NetBank's mortgage origination business.
|
| | | Contact Information | |
Address: |
1015 Windward Ridge Pkwy.
Alpharetta, GA 30005
| | Phone: | 770-343-6006 | | Fax: | 770-343-6464 |
|
| Financial
Highlights | | Fiscal Year End: | December |
|
|
Key People
| | • |
CEO and Director:
Steven F. (Steve) Herbert
| | • |
CFO:
James P. (Jim) Gross
| | • |
CIO:
Chip Register
|
|
|
