While there were similar concepts as far back as the 1980s, the first online bank became available to the public in 1995. At that time, however, only a tiny fraction of people were online. The Security First Network Bank opened on October 18, 1995. It was the first bank to offer many of the features we associate with online banking today. In the years to follow, numerous online banks took cues from SFNB’s structure and innovations.