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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?

To: Tom Borst who wrote (1626)	7/28/1999 9:31:00 AM
From: VeloSpeed	Read Replies (1) \| Respond to of 2419

speaking of Yahoo!... this is interesting. -VeloSpeed July 28, 1999 09:14 Yahoo! and Telebank Launch Online Account Integration; Yahoo! Enhances Online Account Access Service With Addition of Telebank ARLINGTON, Va.--(BUSINESS WIRE)--July 28, 1999--Yahoo! Inc. (Nasdaq:YHOO) and Telebank (Nasdaq:TBFC) Wednesday announced a relationship that gives users of Yahoo!(R) Finance and My Yahoo! online access to their Telebank account information. Users checking stock quotes or accessing other personalized content can now stay up to date on their Telebank account balances and recent transactions -- all from one convenient location. Consumers who register for Yahoo!'s online account access service have the ability to easily and securely view their Telebank savings, CDs and True.net checking account balances, as well as a transaction history, each time they go to Yahoo! Finance or My Yahoo! In addition, users of Yahoo! Finance and My Yahoo! will have the opportunity to open a new Telebank account. "By adding Telebank to our existing online account access service on Yahoo! Finance and My Yahoo!, we are continuing to expand the value-added services we offer our millions of users," said Tim Brady, vice president of production and executive producer, Yahoo! Inc. "We are very pleased to be working with Telebank, as our relationship with them provides our users with more choice and flexibility when it comes to managing their personal finances online." "Yahoo! users understand the enormous benefits of online account access, and we believe this makes the new online account access service a powerful account acquisition tool for Telebank," said Mitchell H. Caplan, president and CEO of Telebank. "We are working with Yahoo! to provide their users with all the benefits of the Telebank value equation." U.S. Online Banking Market to Triple by 2002 The online banking marketplace is continuing to grow rapidly, and that growth rate is widely expected to accelerate further over the next several years. A May 1999 report by CyberDialogue, for example, states that 24.4 million Internet users in the United States are expected to bank online by 2002 -- up from a total of 6.9 million at the end of 1998. The agreement announced Wednesday by Telebank and Yahoo! helps meet the growing needs of those consumers already banking online and those who will soon enjoy the many benefits of online account access. Your Personal View of the Web In addition to having easy access to Telebank's services through links to the bank's Web site, Yahoo! users have the flexibility to choose which Telebank account balances they prefer to view when visiting Yahoo! Finance and My Yahoo! Users can also view recent transactions posted to their Telebank checking accounts. Yahoo! Finance (http://finance.yahoo.com), recently ranked the No. 1 online finance site by Media Metrix, provides users with a broad range of comprehensive financial services and information. Whether checking stock quotes, reading news stories, or accessing other online services, Yahoo! Finance users have the ability to view their Telebank account information throughout the day and night. My Yahoo! (http://my.yahoo.com) gives each user his or her own customized view of the Web, and with Wednesday's launch of this new service, users can now access personally relevant information available on My Yahoo! -- personal bank account balances and checking account transaction histories. Whether catching up on the day's headlines, the latest sports scores, or the latest weather forecast, users can now also get a convenient snapshot of their current Telebank account balances and recent transactions by simply going to My Yahoo! How Do I Sign Up? As a registered Yahoo! user, the entire suite of Yahoo!'s 13 free member services, including shopping, auctions, classifieds, e-mail, travel reservations and ticket purchases, chat, clubs, address book, instant messaging, message boards and games, are available. To reap the benefits of online account access via Yahoo!, existing Telebank customers simply need to link their current Yahoo! IDs to their current online banking ID. Yahoo! users who are not current Telebank customers can sign up for online banking at the bank's Web site (www.telebank.com) and then begin accessing their accounts online. New Yahoo! users can get a Yahoo! ID by visiting www.yahoo.com. Safe and Secure Yahoo! and Telebank both employ the Secure Sockets Layer (SSL) security standard that is widely used by popular Internet browsers and merchants transacting on the Web. During transmission over the Web, SSL encrypts data to protect it from b