RIP Net.B@nk
I was a loyal Net.B@nk customer for about 10 years, until they were shut down by OTS (an agency underneath the Treasury Dept). I enjoyed the experience greatly. While I became complacent with the (initially good) rates, and stopped looking for better deals, for the most part I got what I needed which was online access to banking.
NetBank was probably the first online-only banking entity to not only offer above average rates, but also free bill payment. One feature that I didn’t even knew existed when I signed up, but immediately loved, was the ability to write someone a check from within the website and have NetBank print out and mail the check. Free. When I told friends and family about this, they typically didn’t believe me, but were then amazed when I sent them a check! Many banks now offer this feature, but my vague memory tells me that NetBank pioneered this.
Thanks NetBank. It’s too bad you didn’t manage to stick around and benefit from the fruits of your pioneering work, but I was glad to be along for the ride.
