NetBank, Inc. operates as holding company for the NetBank that offers retail banking, mortgage banking, business finance, and ATM and merchant processing services in the United States. It accepts checking accounts, money market accounts, and certificate of deposits to individuals and small businesses. The bank also offers individual retirement accounts; mortgage services; home, auto, boat, personal aircraft, and recreational vehicle loans; credit cards, overdraft protection, brokerage services, financial planning, property and vehicle insurance, payroll services, equipment leasing, and foreign currency exchange. It also provides online bill payment, online check imaging, online statements, online account funding, automatic teller machine (ATM) cards, ATM deposit-gathering, VISA check cards, wireless account access, account aggregation, and consumer credit report monitoring. The bank originates and purchases 1-4 family, first and second mortgage loans, as well as loans collateralized by boats, personal aircraft, and vehicles. It also offers mortgage services, such as collecting and remitting mortgage loan payments, accounting for principal and interest, holding escrow funds, inspections of the mortgaged premises, advances to cover payments, and supervising foreclosures and property dispositions. The bank also offers ATM services, point of sale transaction processing, mortgage servicing, online banking services, payment and deposit processing, and insurance services to merchants, community banks, and other organizations. It offers its products and services through Internet, phone, ATMs, and mail delivery system. As of December 31, 2005, the company operated 9,649 ATMs and 2,367 merchant processing terminals. The company was founded in 1996 and is headquartered in Alpharetta, Georgia. On September 28, 2007, NetBank Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville.