First Union Corp. can rightly claim to be the first - and only - cyberbank.

Thanks to some quick thinking and fancy legal footwork, the Charlotte, N.C.-based banking company registered "cyberbank" and "cyberbanking" as service marks in 1995.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.