Should You Forget Traditional Banks and Go Online?
Thanks to the rise on online banking, the days of standing in line waiting for service at a brick-and-mortar bank are largely in the past. Between direct deposit, online bill pay, smartphone check deposits, and banking apps, many people can handle their finances without ever speaking to a teller. These technologies have given rise to the online-only bank, institutions that don’t have physical branches at all. But, do these online-only banks actually measure up? What is an Online-Only Bank? Online-only Read more [...]