NET.B@NK(TM) ANNOUNCES 3-FOR-1 STOCK SPLIT
PR NEWSWIRE - April 13, 1999 09:20
ATLANTA, April 13 /PRNewswire/ -- Net.B@nk, Inc. (Nasdaq: NTBK) (www.netbank.com), today announced that its board of directors has approved a 3-for-1 split of its common shares payable to its shareholders of record as of the close of business on April 23, 1999. The additional shares will be issued on May 14, 1999.
Net.B@nk, Inc., is the first profitable Internet-only bank in the country, having achieved profitability in the second, third and fourth quarters of 1998. With more than 25,000 accounts and customers in all 50 United States and 20 foreign countries, Net.B@nk, Member FDIC (www.netbank.com), is the largest FDIC-insured bank operating solely on the Internet. In addition to checking and money market accounts and certificates of deposits with exceptional interest rates, Net.B@nk offers its customers the ultimate convenience in banking. Products and services include account access any time, anywhere, free unlimited online bill payment, free unlimited ATM use, VISA(R) Check Card, VISA(R) and MasterCard(R) credit cards, online brokerage services, mortgage lending and business equipment leasing services. For more information on Net.B@nk, its products and services, visit the web site at www.netbank.com, or call 888-256-6932.
SOURCE Net.B@nk, Inc.
|
