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Article: E*TRADE Bank Launches Home Equity Loans.
- Article from:
- PR Newswire
- Article date:
- October 16, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Nation's Largest Branchless Bank Further Expands Its Consumer Lending
Platform
ARLINGTON, Va., Oct. 16 /PRNewswire/ --
E*TRADE Bank, the nation's largest branchless bank and a wholly-owned subsidiary of E*TRADE Group, Inc. (NYSE: ET), today announced the launch of Home Equity Lines of Credit (HELOCs) and Home Equity Installment Loans (HEILs). The expansion of E*TRADE Bank's value-based consumer lending platform enhances the potential for deeper household relationships and recurring non-interest income. In addition, E*TRADE Bank will further diversify revenue and increase interest rate spreads by placing these home equity products into its ...
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... ... PRNewswire/ -- E*TRADE Bank, a wholly owed subsidiary of E*TRADE Group, Inc. (Nasdaq ... TRADE Bank E*TRADE Bank is a wholly owned subsidiary of E*TRADE Group, Inc. Deposits at E*TRADE Bank are insured up to ...
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