CAPX -- Capital Crossing - New Internet Bank Message Board

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Non-Tech : CAPX -- Capital Crossing - New Internet Bank

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To: Ann Corrigan who wrote (1)	12/2/1999 12:52:00 PM
From: Ann Corrigan	Read Replies (1) of 3

The reason CAPX is +2 today is due to their announcement that since the launch of its Online Banking services(www.capitalcrossing.com) on 10/01/99, the bank has opened approximately 2,100 new accounts with total deposits of approximately $49M. Of the 2100 new accounts, approx. 42% were opened via the internet. The new accts are comprised primarily of cert. of deposit & money market accts. Richard Wayne, Pres & CEO said "we strive to give people constant access to the financial information they need, whether that means paying a bill in the middle of the night or opening one of our high-yielding money mkt accts on a Sunday morning."

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