NetBank Announces Marketing Alliance With ATA Airlines

ATA Travel Awards Members Can Earn Up to 3,250 Points for Banking Online


ATLANTA, Sept. 13, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), a diversified financial services provider and parent company of NetBank(R) (www.netbank.com), today announced a new affiliation with ATA Airlines to provide ATA Travel Awards members the opportunity to earn points for using various NetBank services. Members can now earn a one-time bonus of up to 3,250 points when registering for NetBank services, such as online checking accounts, money market accounts and certificates of deposit.

"Alliances such as the one we are announcing today allow NetBank to market our services to consumers who share similar characteristics to our existing customer base - mainly busy professionals like frequent travelers who appreciate the value and convenience of doing business online," said Donna Mack Crowell, director of strategic alliances for NetBank. "Internet banking is in step with their lifestyle, and as a NetBank customer, they can enjoy a convenient connection to their money no matter where their travels take them."

ATA Travel Awards points can be earned with NetBank in the following ways:


  --  1,000 points for opening and funding a checking account with
      a minimum deposit of $50 and maintaining an average daily
      balance of $500 for at least one month
  --  1,000 points for opening and funding a Money Market account
      with a minimum deposit of $100 and maintaining an average
      daily balance of $1,000 for at least one month
  --  1,250 points for opening and funding a Certificate of
      Deposit account with a balance of $15,000 and a minimum term
      of 12 months; or 750 points for a balance of $10,000 and a
      minimum term of 12 months; or 300 points for a balance of
      $5,000 and a minimum term of 12 months.

Members can learn more about earning miles through NetBank services by visiting www.netbank.com/ata.

"We are excited to provide our ATA Travel Awards members with yet another way to earn miles through services that fulfill everyday needs," said Josef Loew, senior vice president of scheduled service for ATA Airlines. "The flexibility of NetBank's services and the generous mileage offer create a valuable opportunity for our members who are always on the go."

About NetBank, Inc.

NetBank, Inc. (Nasdaq:NTBK) operates a diverse group of complementary financial services businesses that leverage technology for more efficient and cost effective delivery of services. Its primary areas of operation include personal and small business banking, retail and wholesale mortgage lending, and transaction processing. For more information, please visit www.netbank.com.



            

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