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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: Brentsky who wrote (1430)4/13/1999 7:53:00 AM
From: Mike Milde  Read Replies (1) of 2414
 
I expect that the faster you sign up new accounts, the more costs you have early on. It takes time to take money from new accounts and put it into lucrative investments (buying mortgages, etc.). I'm also guessing that new accounts tend to have a small dollar amount in them the first few months and these accounts also generate a much higher percentage of customer service calls the first few months.

Mike
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