Consumers are embracing digital banking in the midst of the coronavirus outbreak. According to a recent survey from J.D. Power, 30% of those surveyed said they were using their mobile banking app more, and 35% said they were using online banking more. (source: American Banker)
Hey, @AARPLynne ; I haven't stepped in to an actual bank in more than 20 (maybe 39) years. I found alternate banks that are now major banks and are online and legit.
Part of finding this was when Mom received notice from Social Security she would have to have account for direct deposit, maybe 20 years ago. They provided recommendations and one of them grew to be "green bank" (chosen because we thought they cared about the environment).
Today, everyone can choose a direct deposit card (and my understanding is there are no paper checks issued to anyone).
Back then, "green" was pretty much the only one, and as I remember the recommended for social security (please correct me if I'm wrong on that).
So, Lynn, think the question should be, do you continue brick and mortar banking? If so, why?
#VegasStrong Phil Harris, actor and showman, to John Fogerty of CCR: “If I’d known I’d live this long, I’d have taken better care of myself.”