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Security First Network Bank (SFNB) was the first pure Internet bank in the United States. It had no physical branch bank offices and could only be accessed online. It was founded in Pineville, Kentucky, in October 1995 by Michael Karlin and James (Chip) S. Mahan III. [1] Several months later, the bank relocated to Atlanta, Georgia.
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Its secure operating system was used to help secure the world's first internet bank, Security First Network Bank (S1 Technologies). [1] SecureWare also worked closely with HP's federal division to develop security products, such as the trusted operating system, used by the U.S. Department of Defense for certain military information. [citation ...
One of the first direct banks in the United States was the Security First Network Bank (SFNB), launched in October 1995, and was the first direct bank to be insured by the Federal Deposit Insurance Corporation. [1] While SFNB did not make much profit in its initial years, it demonstrated that the concept of direct banking could work.
S1 Corporation was an American software development company based in Norcross, Georgia which specialized in payment processing and financial services software for automated teller machines and retail point of sale applications, primarily for banks, retailers and credit unions.
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First Bank & Trust, headquartered in Evanston, Illinois and serving the Chicago area; First Bank System, a Minneapolis, Minnesota-based regional bank holding company that had used the trade name First Bank before the holding company was renamed U.S. Bancorp in 1997; First International Bank, in Watford City, North Dakota
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