Net Bank

Opening an Account 
with NetBank Has Never Been Easier

How many resolutions can you cross off your list just a few minutes into the New Year? At least one, assuming you made a goal to manage your money better in 2004.

While you can't lose five pounds or initiate a new exercise program shortly after midnight on January 1, you can become more fiscally fit by opening and funding an account with NetBank(R) (Nasdaq: NTBK)(www.netbank.com), the country's first commercially successful Internet bank. While traditional "bricks and mortar" banks are closed on New Year's Day, you can head to your computer and apply for an account that will accrue up to five times more interest than the national average.

Best of all, NetBank now offers instant decisioning and online funding. At the end of the short application process, you immediately find out if your application has been approved. If it is approved, you instantly receive your account number and can easily fund your new account by transferring money directly from your old bank account to your new NetBank account.

"We've eliminated one of the biggest obstacles for consumers who want the convenience and value of true online banking," said Eve McDowell, chief sales and customer fulfillment executive for NetBank. "Opening and funding an account with NetBank now takes minutes, and it's all done from the convenience of your home or office. Furthermore, online funding will reduce our operating expenses, which means we can pass the savings on to our customers in the form of higher rates and lower fees."

In addition to its instant decisioning and online funding features, NetBank also announced other enhancements to its online application process, including:

• Printable Application Summary - an easy-to-read summary of the application includes information on next steps and what to expect
• Online Status Page - a more informative status page allows applicants and customers to log in and check the status of their application or new account
• Faster Account Setup - Approved applicants are able to log into their account for the first time more quickly

NetBank has also expanded its deposit product offering to include three new CD/CD IRA terms: two-year, three-year and four-year.ATLANTA, Dec 18, 2003 (BUSINESS WIRE)