Principal Financial Group, one of 14 insurance firms with a thrift charter, announced it has amassed 1,000 deposit accounts in a virtual bank it launched in April.

The only one of the thrift-approved insurance firms to offer banking on- line, Principal Bank joins two other virtual banks-Security First Network Bank and Atlanta Internet Bank-that have been given permission by the Office of Thrift Supervision to run under a thrift umbrella.

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