ATLANTA, March 30, 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 Business Filings Incorporated. Customers of BizFilings can save on banking services provided by NetBank, and NetBank small business banking customers can protect their personal assets by incorporating or forming an LLC using BizFilings' online service.
"Our goal is to offer our customers the types of products and services that will help their business succeed," said Bert Davis, director of small business banking for NetBank. "BizFilings educates business owners on the benefits of incorporating their business."
BizFilings' customers who open a NetBank small business account for the first time will have their monthly maintenance fees waived for the first four months from the date the account is funded.
Mark Schiff, general manager of BizFilings, said one of the first tasks business owners need to complete after incorporating is setting up the new business' checking account. And more and more business owners are discovering the benefits of Internet banking.
"Small business owners have many demands on their time that aren't easily accommodated during 'banking' hours," Schiff said. "Online banks can be a better option because they're open all of the time. Your bank branch is always as close as an Internet connection."
BizFilings' customers can also earn up to $175 in cash rewards when opening a NetBank personal account for the first time. Cash rewards for opening a NetBank personal 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
$1,000 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 $1,000 for at least one month
-- $25 Visa 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
"Our small business banking service is one of our fastest growing services," said Donna Mack Crowell, director of strategic alliances for NetBank. "Not only does this alliance allow NetBank to market its small business banking services to a desirable audience, it allows us to showcase our retail banking services as well. Half of our small business customers have a personal account with NetBank."
Business Filings customers can learn more about earning cash rewards through NetBank by visiting www.netbank.com/bfi.
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.netbank.com.
About BizFilings
BizFilings is the leading Internet provider of incorporation and related services to business owners. BizFilings professionally forms corporations, LLCs, and nonprofits faster than anyone else. The company also offers Ultimate Business Planner software to help new businesses succeed.
As a company started in 1996 by entrepreneurs seeking online resources to start a business of their own, BizFilings embraces the entrepreneurial spirit. The company has grown rapidly in the past decade, helping over 100,000 domestic and international business owners with their corporation, limited liability company, and nonprofit formation needs. The company is headquartered in Madison, WI, with satellite operations around the country.
BizFilings is a part of Wolters Kluwer, a leading multinational publisher and information services company with annual sales as of 2005 of Euro 3.4 billion and approximately 18,400 employees worldwide.