NetBank
CompuBank and NetBank were two of the first Internet banks to open in the United States. They were both pure Internet banks; that is, neither was founded by an existing bank with a physical presence. After four years of operation, CompuBank had about 50,000 accounts and 864 million of deposits and was losing more than 820 million per year. NetBank had done considerably better, with 160,000 accounts and 81 billion of deposits and 10 consecutive quarters of profitability.