« Republic Bank is Offering an Innovative Bank Site | Main | Wells Fargo Posts Privacy Policy »

Beneficial, on the Selling Block?

By Jim Bruene on February 15, 1998 9:17 AM | Comments (0)

Beneficial’s real-time approved loans gained another distribution outlet at Security First Network Bank.

Security First Network Bank (Atlanta, GA; $89 million; 12,000 online subscribers), lacking a loan program of its own other than credit cards, has teamed with Beneficial National Bank (Wilmington, DE; $407 million) to offer co-branded installment loans of up to $10,000. It takes two minutes to complete the online loan application, and approval is granted within two minutes. Applicants use a special co-branded Web site www.sfnboll.com . A year ago, Beneficial, which is reportably on the selling block, earned an OBR Product of the Month designation for its two-minute loan marketed on Intuit’s and Block Financial’s Web sites . Neither of those links are active today.
Contacts: Charles Ogilvie, is Pres., Hope Flammer is VP Marketing, (404) 812-6500.

Comments (0)
Categories: Beneficial

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/817

Leave a comment

Sponsors

BackBase IntelliResponse Yodlee FinovateEurope 2012

Events

  • FinovateEurope 2012 -- On February 7th, 2012, the second annual FinovateEurope will feature dozens of Europe's newest fintech innovations via a fast-paced demo-only format in the financial capital of London. 7 minutes each on stage. No slides allowed. Come watch the future of fintech in Europe unfold live! Get your ticket today and lock in your spot before it is too late!
  • FinovateSpring 2012 -- On May 8th & 9th, 2012, Finovate will return to San Francisco for our 5th annual west coast showcase of the newest fintech innovations from Silicon Valley and beyond. Each company gets 7 minutes to demo live. No slides allowed. Come watch the future of fintech debut! Get your ticket today and save big!

Research

  • NEW! Online & Mobile Banking Forecast: Current, future and historical usage: 1994 to 2021 - Find out more
  • NEW! Selling Insurance Online (Banking Edition): Can insurance help fill the fee-income gap? - Find out more
  • NEW! True Virtual Banking Has Arrived: BankSimple, Personal Capital, Betterment and others go branchless, paperless and “bank-less” - Find out more
  • 2012 Guide to Online & Mobile Banking Products, Pricing & Strategy: Preparing for a mobile-first world - Find out more
  • Family Banking: Tweens, Teens & their Parents: In a remote banking world, your most-promising prospects aren’t even driving yet! - Find out more

 

   

RSS Subscribe via RSS
RSS Subscribe to Comments



Email:


@NetBanker Twitter Feed



See all @NetBanker tweets