The number of bank and thrift Web sites that offer electronic transactions more than doubled, to 258, in June 1998 from 103 six months before, the Office of the Comptroller of the Currency reported.

The Comptroller's Office predicted that 15% of banks and thrifts would do so by yearend 1999, up from 4% last June. Banks offering transactional Internet service hold 40% of the industry's assets.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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