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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?


To: Brentsky who wrote (1375)4/11/1999 7:10:00 PM
From: Mike Milde  Respond to of 2414
 
<< And, forget the bricks and morter crap, internet anything is not cheap. Software (website programmers etc.) cost 10 times as much as a bankteller!!! >>

Can you give us some analysis on this? Are you saying that Internet banking costs 10 times more per customer than 'bricks-and-mortar' banks? That's entirely untrue. Look at the statistics that have been published. Transactions cost them about 1% of what a 'bricks-and-mortar' bank has to pay.

Mike