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E*TRADE Financial Mourns the Passing of Valued Board Member Frederick Kanner

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E*TRADE Financial Corporation (NASDAQ:ETFC) today announced the
unexpected passing of Mr. Frederick Kanner, an esteemed member of the
Company's Board of Directors. Mr. Kanner faithfully served on the Board
since 2008.

"It is with a heavy heart that we remember Fred and his many
contributions to our firm," said Rodger Lawson, Executive Chairman of
E*TRADE Financial. "Fred was a proven leader, trusted advisor, and
calming influence through some of the Company's most challenging times.
On a personal level he was a dear friend, and on behalf of our Board of
Directors, management team, and employees, I would like to extend our
deepest sympathies to the Kanner family. He will be dearly missed."

Regarded as a legal and corporate governance expert, Mr. Kanner served
as a member of the E*TRADE Bank board and a member of the Audit
Committee, Compensation Committee, and Governance Committee.

For those who would like to contribute in Fred's memory, the family has
suggested donations be made to the Memorial
Sloan Kettering Cancer Center
.

About E*TRADE Financial

E*TRADE Financial and its subsidiaries provide financial services
including online brokerage and banking products and services to retail
customers. Securities products and services are offered by E*TRADE
Securities LLC (Member FINRA/SIPC).
Commodity futures and options on futures products and services are
offered by E*TRADE Futures LLC (Member NFA). Managed Account Solutions
are offered through E*TRADE Capital Management, LLC, a Registered
Investment Adviser. Bank products and services are offered by E*TRADE
Bank, and RIA custody solutions are offered by E*TRADE Savings Bank,
both of which are national federal savings banks (Members FDIC). More
information is available at www.etrade.com.
ETFC-G

Important Notices

E*TRADE Financial, E*TRADE, and the E*TRADE logo are trademarks or
registered trademarks of E*TRADE Financial Corporation.

© 2018 E*TRADE Financial Corporation. All rights reserved.

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