Banking Goes to Class: National InterBank and Study24-7 Form Strategic Alliance Bringing Online Banking to College Students.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--March 27, 2000 Students Opening New Accounts Will Have $15 Added to Opening Balances National InterBank in·ter·bank adj. Relating to, involving, or connecting two or more banks: interbank borrowing; an interbank network of automated teller machines. (www.nationalinterbank.com) today announced a new strategic partnership with Study24-7.com (www.study24-7.com) that will bring online banking to college students. The new alliance creates Student InterBank, powered by National InterBank. Students who open a new account will have $15 added to their opening balances. The bank will be live in late April and will be accessible through Study24-7's Web site. The new bank is created through a unique interface on Study24-7's Web site. Student InterBank offers all of the benefits available to National InterBank customers, including complete no-fee banking, interest bearing checking and Money Market accounts (with no minimum balance requirement), free online bill paying, fund transfers, free ATM cards An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society. Its primary uses are: "We are excited to partner with Study24-7.com," said Ronald C. Hynes, vice president of strategic partnerships, National InterBank. "They have done an exceptional job of building a presence on college campuses across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , and we look forward to leveraging this presence to bring the benefits of online banking to millions of college students. The college environment is an Internet-friendly market, making online banking a natural fit." "We are always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. opportunities to increase the breadth of services we offer to our members. This exciting alliance with National InterBank will provide students, most of whom are making first-time banking decisions, with a convenient way to handle their finances while using our vast educational resources," said Brian Maser, co-founder and co-chief executive officer of Study24-7.com. National InterBank, a division of FNB-Mitchell, is positioned to become the Internet's premier co-branded affinity banking provider. A nationally chartered institution, National InterBank supplies valuable Web content to its partners in the form of a Vertical Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Portal, enabling the partner site to offer banking services directly to its users, greatly enhancing customer loyalty and time spent on the site. The bank saves customers time and money with easy-to-use financial solutions and by passing on the savings from Internet technologies in the form of higher rates and no-fee banking, with no fine print. National InterBank requires no minimum balance or special circumstances special circumstances n. in criminal cases, particularly homicides, actions of the accused or the situation under which the crime was committed for which state statutes allow or require imposition of a more severe punishment. to qualify for its high interest rates and no-fee banking. National InterBank accounts are insured through the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , up to $100,000 per customer. Study24-7.com, based in Silicon Valley, Calif., is North America's premier educational Web site for students between the ages of 13 and 33 who are seeking to enhance their learning experience. The site allows any student, at any time, to obtain high-quality study materials, expert assistance and market-specific products. Since its launch in January 1999, Study24-7.com has gained a viable presence at more than 350 colleges throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. |
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