NetBank® Announces Marketing Alliance With Homes.com

Business Wire, Dec 15, 2005

ATLANTA -- NetBank, Inc. (Nasdaq: NTBK), a diversified financial services provider and parent company of NetBank(R) (www.netbank.com), today announced a new affiliation with Homes.com that provides users of the real estate portal with the opportunity to earn up to $175 in cash rewards for opening and funding a variety of NetBank accounts.

"Alliances such as the one we are announcing today allow NetBank to market our services to consumers who share similar characteristics to our existing customer base - mainly persons who want a more convenient and valuable way to bank," said Jerry McCoy, chief marketing executive, NetBank, Inc. "Consumers are using technology to simplify their lives. More than 1.6 million people access Homes.com each month to find valuable information about buying or selling a home. As a NetBank customer, they can enjoy the same convenient connection to their money, no matter where in the country they call home."

Cash rewards for opening a NetBank account can be earned in the following ways:

--$75 for opening and funding a checking account with a minimum deposit of $50 and maintaining an average daily balance of $500 for at least one month

--$75 for opening and funding a Money Market account with a minimum deposit of $100 and maintaining an average daily balance of $1,500 for at least one month

--$25 Visa Gift Card for opening and funding a Certificate of Deposit account with a minimum amount of $10,000 and a term of at least 12 months

Homes.com users can learn more about earning cash rewards through NetBank by visiting www.netbank.com/homesdotcom.> About NetBank, Inc.

NetBank, Inc. (Nasdaq: NTBK) operates with a revolutionary business model through a diverse group of complementary financial services businesses that leverage technology for more efficient and cost effective delivery of services. Its primary areas of operation include personal and small business banking, retail and wholesale mortgage lending, and transaction processing. For more information, please visit www.netbankinc.com.

About Homes.com

Homes.com, a division of Trader Publishing Company, is headquartered in Norfolk VA, with offices in San Diego, CA and Tallahassee, FL. Homes.com provides home buyers access to over 800,000 listings across the country, plus a variety of online tools to help them with their home buying experience. For real estate professionals, Homes.com offers cutting-edge website management tools and advanced lead generation advertising to effectively grow their business. For more information visit www.Homes.com.