Might as well be a gambling site: It was a startup bank with no Federal backing (FDIC) that appears to have promised greater returns than traditional banks by investing your money and giving you some of the profits back from dividends.
Still, it was a startup that wasn’t fully vested nor backed federally to secure people’s deposits. Sad.
100% this.
I know for a fact that in 1999 (25 years ago) when I was running an ISP that Seagate Barracuda 4GB SCSI-2 Ultra Wide drives for example were costing $300/drive rounded; I used to buy hundreds of them. I have an old purchase order framed showing such and those were very much a premium drive back then.