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Dear Dr. Ecommerce

I am writing a project and really need to know when the first e-bank was set up.

thanks a lot

Edouard

Dear Edouard:

According to a recent issue of the Economist, "The firm with the strongest claim to be the world's first Internet bank is Security First Network Bank (SFNB), based in Atlanta, which was allowed to offer federally insured deposits from October 1995."

All the best,

Dr. Ecommerce