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Telebank Partneres with E-Loan For Mortgage Site

By Jim Bruene on August 9, 1998 3:16 PM

Telebank

www.telebank.com

Telebank has partnered with E-Loan to build a co-branded mortgage loan site.

Telebank (Arlington, VA; $1.2 billion), the latest entrant to our Net-Only Bank Watch (OBR 7/97), became the first bank to partner with E-Loan (Palo Alto, CA) to deliver online mortgages (OBR 5/98). Telebank is also one of the first banks to post a Y2K section on its Web site www.telebankonline.com/onln_bank_fm.html As the new millenium draws closer, things are going to get weird. Use your Web site to educate and calm the fears fueled by the media during the next 17 months. Telebank’s Y2K area is a bit light, but it does say the bank has been working on it “since early 1997.” A special email address for questions is wisely included, year2000@telebankonline.com (see also OBR 7/98 for more on Telebank).

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