What Can EverBank Teach Us about Bank of Internet?
Another possibility is that BOFI’s growth is not from stealing customers from brick and mortar banks as its cheerleaders claim but from swiping depositors from other online banks.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Another possibility is that BOFI’s growth is not from stealing customers from brick and mortar banks as its cheerleaders claim but from swiping depositors from other online banks.
Read MoreThe number of delinquent loan balances at BOFI doubled between June 30, 2014, and September 30, 2014, which indicates that the bank’s loan book could quickly melt down.
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