ATLANTA, Feb. 9, 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 TigerDirect.com, a leading online retailer of computers and computer products. TigerDirect customers have the opportunity to earn up to $160 in Tiger gift cards 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 tech-savvy persons who appreciate the value and convenience of doing business online," said Jerry McCoy, chief marketing executive, NetBank, Inc. "Consumers are using technology to simplify their lives. TigerDirect customers shop for computers and other high-tech 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."
Customers who open a NetBank account can receive up to $160 in Tiger gift cards in the following ways:
-- $70 Tiger Gift Card 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
-- $70 Tiger Gift Card for opening and funding a Money Market
account with a minimum deposit of $100 and maintaining an average
daily balance of $1,000 for at least one month
-- $20 Tiger Gift Card for opening and funding a Certificate of
Deposit account with a minimum amount of $1,000 and a term of at
least 12 months
TigerDirect customers can learn more about earning rewards through NetBank by visiting www.netbank.com/tigerdirect.
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.