Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (210)	1/28/1999 8:47:00 PM
From: Steve Smith	Read Replies (1) \| Respond to of 779

I think TBFC is better than NTBK, because they have been around longer and is well-established. I guess I'll let the market judge. Here's a description: "TeleBank is the nation's oldest and largest branchless bank, first eliminating branches in 1989 and cutting operating costs by more than one-half to pass the savings back to customers in the form of premium deposit rates and low or no account fees. At TeleBank, customers have a choice of using their preferred direct delivery service channel, including the Internet, telephone, fax and ATMs. Customers can log on to the TeleBank Web site and manage their accounts as if they have a personal bank in their own home, 24-hours-a-day, 7-days-a-week. And TeleBank's customer service representatives are available by phone for extended hours, offering one-on-one service without the hassles of long lines or traditional ''banker's hours.'' TeleBank has introduced true Internet checking, which gives account holders the convenience of completing transactions, such as bill payments, over the Internet, while yielding the premium rates of a money market account. TeleBank's Internet checking account holders receive interest on account balances of more than $2,500, free printed checks, free unlimited bill payments, free Internet account access, a free ATM/debit card, and pay no monthly fees. TeleBank is a wholly owned subsidiary of TeleBanc Financial Corp. (Nasdaq:TBFC - news). TeleBank provides high-value financial products and services to customers in all 50 states through low-cost alternative delivery platforms, including the Internet, telephone and facsimile. TeleBank is the nation's oldest and largest branchless bank with more than 50,000 accounts, more than $1 billion in deposits and more than $2 billion in assets. TeleBank can be accessed at www.telebankonline.com or 800/TELEBANK. "