Compubank, the first nationally chartered virtual bank, has become the exclusive provider of banking services on womenconnect.com, an on-line community site for women business owners and professionals.

Compubank will take on-line applications for banking and bill payment over the Internet.

"There is no better demographic than professional working women and working mothers who can appreciate the convenience, time savings, and low fees of Internet banking services," said Laila Utley, the bank's executive vice president and chief operating officer.

"We know our users are professional women juggling family, career, and household responsibilities," said Susan DeFife, president and chief executive officer of womenconnect.com. "Our partnership with Compubank is one more way we are working to build the most powerful resource for women on the Internet."

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