CLEVELAND - Hoping to tap the demand for rights to Internet domain names, Ohio Savings Bank is considering auctioning names it has stored up during the past four years.
The $9 billion-asset bank, which uses ohiosavings.com and amtrust.com for its own Web services, has rights to such names as retirementaccounts.com, corporatebanking.com, homequity.com, checkcard.com, and checking.com.
Several years ago, Peter Goldberg, a senior vice president, registered about 100 names with Network Solutions Inc. for a nominal fee. He registered "nonsalable" names that were specific to his bank, as well as more generic names of which about "a dozen are high-profile," he said.
Selling domain names can be lucrative. Loans.com was bought by Bank of America Corp. for $3 million in January, and bidding has surpassed $1.9 million for savings.com and $1.5 million for deposit.com on the online auctioneer GreatDomains.com.