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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: Ron Kline who wrote (995)10/20/1998 1:01:00 AM
From: AugustWest  Read Replies (3) of 2414
 
Ron, I think the minimum balance you need to open an interest bearing checking account is a mere $100.

NetValue Checking Details
The rate on our NetValue Interest Checking Account is 3.00% with a 3.05% annual percentage yield. Rate accurate as of January 1, 1998. Minimum balance to open account is $100. No monthly fee and no minimum balance!   Interest rates subject to change at bank's discretion. atlantabank.com

I hope this low minimum doesn't hinder their efforts at being efficient. I suppose the lower interest rate for the NetValue checking accounts must off set any added resources required to maintain such accounts.

****I'm guessing 0.10 tomorrow*****
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