ATLANTA, March 8, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), a diversified financial services provider and parent company of NetBank(R) (www.netbank.com), today announced a new affiliation with drugstore.com that provides its customers with the opportunity to earn up to $175 in cash rewards for opening and funding a variety of NetBank accounts.
"Alliances such as the one we are announcing today allow NetBank to market our services to consumers who share similar characteristics to our existing customer base - mainly persons who want a more convenient and valuable way to bank," said Donna Mack Crowell, director of strategic alliances for NetBank. "Consumers are using technology to simplify their lives. drugstore.com customers shop for health, beauty, vision, and pharmacy products from the convenience of their home. As a NetBank customer, they can enjoy the same convenient connection to their money, no matter where they are in the country."
Cash rewards for opening a NetBank account can be earned in the following ways:
-- $75 for opening and funding a checking account with a minimum
deposit of $50 and maintaining an average daily balance of
$500 for at least one month
-- $75 for opening and funding a Money Market account with a
minimum deposit of $100 and maintaining an average daily
balance of $1,500 for at least one month
-- $25 Visa Gift Card for opening and funding a Certificate
of Deposit account with a minimum amount of $10,000 and a
term of at least 12 months
Drugstore.com customers can learn more about earning cash rewards through NetBank by visiting www.netbank.com/drugstore.com.
About NetBank, Inc.
NetBank, Inc. (Nasdaq:NTBK) operates with a revolutionary business model through a diverse group of complementary financial services businesses that leverage technology for more efficient and cost effective delivery of services. Its primary areas of operation include personal and small business banking, retail and wholesale mortgage lending, and transaction processing. For more information, please visit www.netbankinc.com.