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Short Take: Ameritrade CEO joins Netb@nk board

J. Joe Ricketts, co-chief executive of Ameritrade, has joined the board of directors NetB@nk. NetB@nk, which is based in Atlanta, is an Internet-only bank; Ameritrade, which offers online, telephone and traditional discount investment services, is one of the top online brokers. Despite having just 28,000 accounts, NetB@nk's stock has risen more than six-fold so far this year.

J. Joe Ricketts, co-chief executive of Ameritrade, has joined the board of directors NetB@nk. NetB@nk, which is based in Atlanta, is an Internet-only bank; Ameritrade, which offers online, telephone and traditional discount investment services, is one of the top online brokers. Despite having just 28,000 accounts, NetB@nk's stock has risen more than six-fold so far this year.