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Block Financial and Jack Henry Internet Banking Alliance

By Jim Bruene on March 14, 1997 2:32 PM


The Block Financial and Jack Henry alliance has produced its first live Internet bank. RCB Bank (Claremore, OK; $341 million) is offering the Conductor suite of services via its Web. Users select Conductor SafeNet from the menu or follow the links after pressing the Online Banking button front-and-center on its Web. RCB Bank is bundling local Internet access with its banking services for an all-in-one price of $14.95/mo when above the $600 minimum balance, $22.95 otherwise. This is the first time we have seen bundled Internet access for a single fee; and we like it, especially for new users.

Features of RCB SafeNet Banking

  • online account access
  • online imaged checks and deposits
  • funds transfer
  • flat-rate Internet access through ioNET.
  • free Microsoft Explorer
  • e-mail address
  • no-fee Check Card
  • monthly image statements
  • 20 free withdrawals by check/draft, then $0.20 per item
  • 10 free ATM withdrawals, then $0.50 per item

 

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