Scottjm....."........better rates because of less defaults"? This comment was uncalled for.

No personal attacks are allowed on ibankdesign.com. Moderator

In any case, if one can read the entry, it states that they're TARGETING african americans NOTdenying other races an account (which WOULD BE discrimination). It also stated that those "TARGETED" AA's are required to make $50k per yr, yet no one's focus is on that. Most banks do some sort of profiling how is this one any different? Salem Five Cents Bank only opens accounts for those with a certain credit score, as do other banks. Some banks require people to work for a certain business to obtain an account. Other banks require a person to stay in a certain state to have an account; however, this one overshadows the rest somehow? I dont see it.

Edited by moderator on 4/07/2005

[COLOR=blue] Funds from a PAYPAL account cannot be verified in a NETBANK account, for some reason PAYPAL says they dont support banks such as NETBANK because of their verification process. I was, however, able to deposit funds (via ACH transfer) into my NETBANK account thru my MEADOWS CU acct.

[COLOR=blue]Charter One does not accept "paypal" as direct deposit even tho it is an ACH and over $50.....they state:


The direct deposit bonus will be deposited into the checking account the following business day after the first ACH direct deposit in the full amount of your payroll, pension, or social security check. (Paypal and tax refunds are excluded.) Direct deposit must be received prior to July 31, 2005 to be eligible for bonus. Bonus will be reported as interest earned and is subject to 1099 reporting. This is a limited time offer and is subject to change.

HSBC is also offering $25 to open the online savings acct, but a promtional code is required. I learned of this while attempting to open the online savings acct. (while reading the account terms & charges disclosure) Consequently, i'm holding off on opening the account until i can get this information. This offer expires 11:59:59 PM 5-2-2005.