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Businesses

Submission + - FDIC closes Netbank, Inc.

An anonymous reader writes: One of the first and best, in my opinion, internet banks in the country was closed by the FDIC today. Being a loyal customer for 8 years, I am saddened that an institution that provided me with so much great service and a cool, hi tech way [early 2000 way at least] to conduct my financial transactions is shutting down. Seems that mortgage defaults are to blame. Here's the link to the story and the defunct web page... http://money.cnn.com/news/newsfeeds/articles/djf500/200709281658DOWJONESDJONLINE000790_FORTUNE5.htm http://www.netbank.com/

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