WASHINGTON -- In what may be the largest bank-naming coup since the founding of Bank of America, a group of investors received approval from the Office of Thrift Supervision on Wednesday to open Bank of Internet USA in San Diego.The institution has also laid claim to the domain name www.BofI.com.

President and chief executive officer Gary Lewis Evans said the bank has raised $14 million in start-up capital from 140 investors, and expects to grow to $250 million of assets over the next three years.

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