{"id":4691,"date":"2011-11-18T23:23:31","date_gmt":"2011-11-19T04:23:31","guid":{"rendered":"http:\/\/columbiaclosings.com\/wordpress\/?p=4691"},"modified":"2011-11-18T23:23:31","modified_gmt":"2011-11-19T04:23:31","slug":"walmart-netbank-9710-two-notch-road-27-september-2007","status":"publish","type":"post","link":"http:\/\/columbiaclosings.com\/wordpress\/?p=4691","title":{"rendered":"WalMart \/ NetBank, 9710 Two Notch Road: 27 September 2007"},"content":{"rendered":"

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I have done a couple of other posts on this mostly dead strip mall on Two Notch at Polo called Park Centre<\/i>. In particular, here is Piggly Wiggly \/ Harris Teeter (and Bruno's)<\/a>, and here is Pic 'N Pay<\/a>.<\/p>\n

Neither of those was the strip's main tenant however. That was initially Walmart<\/i> and then after that, NetBank<\/i>.<\/p>\n

Of course everyone is familiar with Walmart<\/i> and their gradual move to bigger \"Supercenter\" locations. That, I believe is what happened to this location: It was replaced by the Supercenter at 10060 Two Notch Road.<\/p>\n

I was not as familiar with NetBank<\/i> which moved in after Walmart<\/i> moved, probably in the late 1990s or early 2000s.<\/p>\n

To summarize the NetBank Wikipedia page<\/a>, NetBank was an Atlanta\/Alpharetta based operation which started as Atlanta Internet Bank<\/i> and Net.B@nk<\/i> before settling on the NetBank<\/i> name. It was a very early venture into Internet banking and mainly made its money from mortgages.<\/p>\n

It did quite well for a while, but eventually overextended itself and got into trouble as its core mortgage business started to fail (though this was a little before the main 2008 mortgage crisis). After flailing for a while, it decided to sell itself off to another bank, but found it didn't even have enough to bring to the table to pull that off and ended up being taken over by the Office of Thrift Supervision on 27 September 2007, becoming the biggest thrift failure since the S&L crisis of the 80s.<\/p>\n

This site was a big enough part of its assets that it was mentioned in the Bloomberg article on its failure<\/a> as part of the asset base to be sold off. After the takeover, the FDIC insured accounts were acquired by ING Direct<\/i>.<\/p>\n

According to commenter Soxinsc<\/a>, Blue Cross\/Blue Shield<\/i> leased the NetBank<\/i> space for a while, and there does still seem to be some sort of front desk with signs of use in there though I find it odd that the NetBank<\/i> logo was never taken down if someone else did have the building..<\/p>\n","protected":false},"excerpt":{"rendered":"

I have done a couple of other posts on this mostly dead strip mall on Two Notch at Polo called Park Centre. In particular, here is Piggly Wiggly \/ Harris Teeter (and Bruno's), and here is Pic 'N Pay. Neither of those was the strip's main tenant however. That was initially Walmart and then after […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[329,13,560,553,4,54],"class_list":["post-4691","post","type-post","status-publish","format-standard","hentry","tag-bank","tag-business","tag-park-centre","tag-polo-road","tag-stores","tag-two-notch-road"],"_links":{"self":[{"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/4691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4691"}],"version-history":[{"count":0,"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/4691\/revisions"}],"wp:attachment":[{"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4691"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/columbiaclosings.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}