SOURCE: BofI Holding, Inc.

BofI Holding, Inc.

March 21, 2013 08:00 ET

Bank of Internet Named Top Service Provider by Costco Mortgage Services

SAN DIEGO, CA--(Marketwire - Mar 21, 2013) - Bank of Internet, a division of BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), has been named the 2012 Top Service Provider by Costco Mortgage Services in recognition of the outstanding service provided to Costco members seeking a home mortgage.

"We hold our service providers to the high standards that Costco members expect to receive from Costco services programs. We are pleased to award the honor of Top Service Provider to Bank of Internet for providing service above and beyond our already high standards," said John Alexander, Director of Costco Mortgage Services.

The Costco Mortgage Services Program is designed to deliver quality, value and convenience to Costco members who need mortgage services. Bank of Internet is one of only ten lenders from around the country selected to participate in the Costco Mortgage Services Program. Bank of Internet offers superior service through a customer call center staffed with attentive loan officers and a convenient self-service technology.

"We have invested heavily in our call center team and our loan processing systems to offer industry-leading customer service. We are very pleased to be recognized as a Top Service Provider by Costco. Whether you are purchasing a home or refinancing your current loan, Bank of Internet is able to provide excellent service and value to borrowers across the country," said Greg Garrabrants, President and Chief Executive Officer of BofI Federal Bank. Mr. Garrabrants continued, "As a branchless bank, our low cost structure allows us to offer superior value to our customers without sacrificing customer service. We focus on delivering the best value to our customers across all of our product lines, from mortgage services to consumer and business banking products."

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About BofI Holding, Inc.

BofI Holding, Inc. (NASDAQ: BOFI) is the holding company for BofI Federal Bank, a nationwide branchless bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With over $2.8 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.'s common stock is listed on the NASDAQ Global Select Market and is a component of the Russell 3000 Index. For additional information, visit

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