USAccess Bank Opens Offering Direct Internet Lending

Louisville, KY-based USAccess
opened its virtual doors for business this week, offering direct
Internet lending.

USAccess Bank said it offers customers the advantages of the
Internet–speed, convenience and value–with the product breadth and
security of a
well-managed, well-capitalized, FDIC-insured financial institution.

“USAccess Bank takes banking to the next level, providing nationwide access
to high-value products
and services,” said bank president Maria L. Bouvette. “We also take banking
to where the people are–on the Internet.”

The bank is a division of The Central Bank USA Inc., a subsidiary of Porter
Bancorp Inc., which operates a half-billion-dollar family of Kentucky
financial institutions.

USAccess Bank offers secured and unsecured online loans and lines of credit
that serve personal and business purposes. Additionally, it has personal and
business deposit products, savings, money market accounts and other
financial services.

The bank’s money market account yields a 5.30 percent APY and its one-year CD
yields 5.40 percent APY.

“Our banking products will be aggressively priced to
reflect the cost advantages of doing business over the Internet,” Bouvette

To assist customers with technical as well as product questions, telephone
staff are available weekdays from 7 a.m. to 11 p.m. EST. The bank also
provides mortgages and discount brokerage services through partners First
Mortgage Network and UVEST Investment Services.

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