Pure Internet Banking Leaders

Bank NO. OF ACCOUNTS (as of) assets deposits

ING direct 225,000 - 250,000 * (9/99) NA NA

mbanx direct 160,000 (9/99) NA NA

telebank 60,000 - 85,000 (10/99) $3.2 bil. $1.6 bil.

WingspanBank 80,000 - 100,000 NA NA

SFNB 46,000 * (12/99) $170 mil. $130 mil.

Net.B nk 40,000 (7/99) $800 mil. $415 mil.

Principal Bank 6,500 (9/99) $48.7 mil. $24.5 mil.

Compubank 6,000 (11/99) $5.4 mil. $1.6 mil.

First Internet Bank

of Indiana 4,100 * (10/99) $47.3 mil. $34.7 mil.

*Self-reported numbers of customers, not accounts. Note: All asset and deposit figures are for the second quarter and are supplied by the FDIC from quarterly reports, except for Telebank (Q3) and First Internet Bank of Indiana (10/99). Source: Meridian Research, GartnerGroup, Telebank, SFNB, Net.B nk,

Firstib.com

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