General Electric Co. Tuesday expanded its online services, partnering with CompuBank to provide full-service
banking through its GE Financial Network.
GEFN is designed to help consumers manage their personal financial needs.
Through CompuBank, GEFN will allow customers to establish checking, savings
and money market accounts; write checks and access funds through automated
teller machines. In addition, consumers can arrange direct deposits and
electronic fund transfers, re-order checks online and take advantage of
complementary benefits such as domestic wire service and bill paying
features. CompuBank also offers Certificates of Deposit and Visa check
cards.
“By adding banking to our existing breadth of offerings, GEFN continues
to give consumers the best products and services to meet all of their
financial needs,” says Bill Goings, senior vice president of e-Business and
leader of GE Financial Network. “We chose CompuBank as our banking provider
because of its focus on harnessing the convenience of the Internet and its
ability to provide a secure environment.”
Through GEFN, CompuBank account holders additionally will earn ClickMiles
for new accounts and for a variety of everyday banking transactions.
CompuBank is reported to be the only Internet bank to award ClickMiles that
are redeemable for frequent flyer miles on eight airlines and for brand-name
merchandise.