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


To: hoper who wrote (1988)9/14/1999 2:57:00 AM
From: Guidothecat  Respond to of 2419
 
USAB is building value as a Virtual
Bank.

From the CNN story:

" And there are only a handful of virtual
banks, though many traditional banks offer
Internet banking. Many of the biggest
virtual-banking participants -- such as
WingspanBank.com, a Bank One (ONE)
subsidiary; TeleBank, which E*Trade (EGRP)
is buying; and Security First Network Bank,
which the Royal Bank of Canada bought last
year -- are online banks with offline
partners. "

With the unfolding of broad
bandwidth Internet content at
the website USAB is looking at new
ways to attract customers...

...perhaps even those that may
buy them out.

These are very good levels still,
to buy in to USAB.



To: hoper who wrote (1988)9/14/1999 3:34:00 AM
From: Guidothecat  Read Replies (1) | Respond to of 2419
 
Hoper, I like that USAB is early to Virtual Banking....

Early, innovative, and creative.

CNN report sites a couple very important aspects of the Virtual Banking Industry:

" To date they've only scratched the
surface of the potential market. But if the
success of Internet brokers is anything to go
by, virtual banking could catch on. That's
certainly what the industry hopes. "

Huge Market
Virtually (NPI) Undeveloped
...Enormous Growth Potential.