USAB - USABancShares.com Message Board

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Non-Tech : USAB - USABancShares.com

USAB 75.00

0.0%

Dec 29 4:00 PM EST

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To: King David who wrote (2234)	10/28/1999 6:26:00 PM
From: TLindt	Read Replies (1) of 2419

>>>I'm still not sure I see compelling 'competitive deals' coming from Netbank or USAB. One year ago NetB@nk had 280 Million in assets, now they have 1 billion, USAB has 340 Million. Growing Asset Base 300% a year is enough for me...course I'm figuring that 20% of the people aren't lazy, and 50% aren't stupid. Point they are getting their share. And they do offer compelling competitive deals, don't look at all 100 top banks just cruise the top 10..and look what they offer for checking VS. pure. Granted them consumers aren't all leaving their bank tomorrow, but they ARE leaving. And if those top 100 Banks lost 1/2 of 1% of their customer base to these guys it will work. But truefully, and in my honest opinion...they will do better then that.

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