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Non-Tech : Nasdaq : ATLB Atlantic Bank goes Internet -- Ignore unavailable to you. Want to Upgrade?


To: trenzich who wrote (33)4/14/1999 9:24:00 AM
From: Andrew G.  Respond to of 40
 
ATLB: News! Here you will see why ATLB>tbfc & ntbk

biz.yahoo.com

Quote:

Mark A. Davis, Chief Analyst for The Banc Stock Group, commented, ''There are presently two existing internet stock savings bank holding companies, Telebanc Financial and Net.B@nk, Inc. The exciting news is that Atlantic Bank & Trust Company, Inc. is the first commercial bank to enter this arena. In 1998, Atlantic Bank's net interest spread was 6.05% versus 1.20% for Telebanc and 1.84% for Net.B@nk. Atlantic Bank showed a comparable cost of funds of 5.78% versus 6.08% for Telebanc and 5.64% for Net.B@nk.''