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| Skylight Financial®, Inc. is a leading provider of account-based
financial services that focus primarily on the self-banked sector, or those
individuals who for various reasons do not have a traditional banking relationship.
This demographic segment is estimated to be 50-60 million people throughout
the U.S., according to a General Accounting Office report issued in September
2002. |
| Skylight® utilizes a dual focus business strategy that targets
mid to large U.S. companies whose workforce includes a larger share of self-banked
individuals and a general consumer audience of self-banked persons who can
benefit from the "bank account in a card " concept offered by Skylight.
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| For corporations, Skylight provides a variety of financial
products that can help increase payroll direct deposit among the company's
self-banked employees. This, in turn, provides for costs savings and greater
efficiency in managing the overall payroll process. For employees (and other
self-banked individuals), Skylight offers products and services that include
individual account status, monthly statements, portability, FDIC-insured
deposits and 24-hour customer service. |
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