The NetBank Story NetBank opened its virtual doors in October 1996. Today, we're the largest FDIC-insured federal savings bank operating exclusively online. The secret to our success is all common sense.
People appreciate that.
While some critics thought being an Internet-only bank might limit our financial offerings, we've proved the contrary. Living online offers customers speed, accessibility, and a breadth of service unavailable offline. Traditional banks can't approve mortgages, home equity or business loans, credit or debit card applications as quickly as we can. As technology connects people faster and easier, so does NetBank. NetBank's success is also due to a senior management team that possesses the ideal credentials for operating an Internet bank.