No. of Recommendations: 18
NETBANk is currently working hard to resolve these issues.

Just curious, Reggie. What evidence do you have that NetBank is working hard to resolve these issues? I have yet to see any official acknowledgment of the problem from them -- nothing on their Website, no mailing to former Compubank customers, and a general downplaying of the problem in all the news stories. The only thing I've gotten from NetBank since the switchover was a letter telling me that my transfer had gone through, along with a NetBank coaster. If I had been one of the people whose account had been frozen, I don't think I would have been mollified by a coaster.

I don't particularly care what NetBank does at this point, since I'm the process of moving all my money to USAA (why wait around for the next debacle?) but I find it unbelievable that NetBank has done so little, at least publicly, to acknowledge this colossal screwup. They're really hurting the long-term prospects of their company, as well as the OLB industry in general.

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