NOTICE GIVEN ON WWW.NETBANK.COM
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On September 28, 2007, NetBank, Alpharetta, GA was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All insured depositors are now customers of ING Direct Bank, member FDIC. No advance notice is given to the public when a financial institution is closed.

The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution. The FDIC has compiled information which should answer many of your questions.

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I never imagined that the FDIC could just shut down an institution, forward accounts to a new bank including all identifying information, etc to a third party. The bank that was closed was "Netbank" www.netbank.com, and everything was transferred to ING Direct a bank owned by millionaires in the Netherlands. These are not the days of the Saving's and Loan debacle.

This is the first time in over 30 years that the Canadian Dollar is worth more than the American dollar. All over the world the dollar is being hit with a downward spiral that never exists. The only country where the dollar is still worth good money is in China as they haven't changed their currency exchange rate in over 50 years, and refuse to still.

Now the FDIC who is supposed to ""INSURE"" our deposits, has stated they do not have to give public notice before shutting down a bank, and can just randomly assign your account to another bank, this one happens to be Overseas in the Netherlands. So not only are businesses taking out money and jobs out of America, but the FDIC a branch of the government is now taking our money out of American accounts and putting them in Overseas accounts. Undoubtedly, this has part to do with the slide of the dollar, and investing it overseas accounts, keeps the money ''more safe''

As you read the 'note to account holders above' you will notice the second paragraph that "The FDIC has assembled useful information regarding your relationship with this institution.". It all sounds like violation of personal rights to find information again under the umbrella of the patriot act.

I'm appalled that our government says they can close my account with no public notice before hand, and then turns accounts over to an overseas bank, and then states they've learned

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