Net Bank

NetBank, the country's first commercially successful Internet bank, currently serves retail and business customers in all 50 states and 20 foreign countries. NetBank offers a full line of financial services designed around the needs and lifestyles of its customers. Its branchless business model allows it to operate at a fraction of the cost of a traditional bank. Since it's founding in 1996, NetBank has passed the cost savings to customers through more competitive deposit rates and free account services, such as online bill payment. Through its mortgage lending subsidiaries, Market Street Mortgage Corporation and RBMG, Inc., NetBank is a top 30 mortgage lender. NetBank, Equal Housing Lender and Member FDIC, is a primary operating subsidiary of NetBank, Inc. (Nasdaq: NTBK), a diversified financial services company. For more information on NetBank's products and services, please visit www.netbank.com.

"NetBank opened its virtual doors in February 1996 with a business model that would change the landscape of the banking industry. By offering products and services via the Internet rather than through expensive bank branches, we could offer industry-leading deposit rates and low or no fees to our customers. It worked. Customers loved this new way of banking, and still do."