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Born Digital

On July 4, 2000, under the name Bank of Internet USA, we opened our doors as a digital bank with a basic checking account.

Our opening on the Fourth of July was purposeful. It symbolized our independence from traditional banking constraints and highlighted our innovative online banking platform that provided our customers with 24/7 access — including evenings, weekends, and holidays.

Becoming a Public Company

On March 31, 2005, with a solid history of growth and superior management, BofI Holding became a publicly traded company on the NASDAQ under the ticker “BOFI”.

We ended our first day with our stock trading at $2.81 per share. By 2018, we were trading at over $41.00 per share.

Products and Partnerships

The years from 2009 to 2014 were marked by significant growth. We launched our award-winning Rewards Checking account and expanded into single-family residential lending, structured settlements, commercial and industrial lending, deposit products for financial advisors, and business banking products.

We also became a mortgage lender to Costco members and announced our partnership with H&R Block.

A New Mission

With our core beliefs of innovation, value, and superior service solidly established by 2016, we took on a new mission — an evolved banking experience for our customers. We began constructing our “Universal Digital Bank” platform to deliver a superior online banking experience.

After adding equipment financing and factoring to our lending services, expanding our relationship with H&R Block, and opening a Las Vegas office, we were named one of Forbes’ Fastest Growing Companies in America.

Launch of Universal Digital Bank

The successful launch of our Universal Digital Bank consumer platform and its delivery to nearly all of our customers in the summer of 2018 was the result of two years of meticulous work. This agile technology laid the foundation for our mission of banking evolved.

We also added unsecured personal loans, auto loans, and services to bankruptcy trustees to our diverse range of products during this time. A partnership with Nationwide to provide banking services to their customers was also secured with the acquisition of Nationwide Bank.

Axos Bank Arrives

We became Axos Bank on October 1, 2018 and began trading on the New York Stock Exchange under the ticker symbol “AX”.

As part of a multiyear program to fulfill our mission of banking evolved, Bank of Internet USA and BofI Federal Bank, along with most of our other brands including BofI Advisor, Bank X, NetBank, Apartment Bank, Annuitants Federal Bank, and Virtus Bank, were absorbed into Axos Bank.

Today … Looking to Tomorrow

Since 2000, we have embodied financial strength, excellence in customer service, and innovation in banking. We will continue to anticipate your needs, provide new technologies, and expand our products and services to help you stay ahead of the challenges of modern life.

As we celebrate our 20th anniversary, you can continue to depend on our leadership in digital banking and our promise of Banking Evolved.

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