I don't understand the popularity of online banks. I tried Ally for a while but it didn't seem to add anything useful to my personal checking account with a regional commercial bank. The commercial bank has full online services - I have not had to walk into a branch for at least 6 months. If I need to do things like deposit cash, get a Cashier's check or a document notarized, or get some Euro's before going overseas, it is easy and accessible. If something odd comes up, I can walk in and talk to a banker face to face. The CD rates are worthless, but I keep my cash at Schwab brokerage. I can buy CDs there or keep cash in a money market fund and move it to my bank checking whenever needed.
Statistics: Posted by stlrick — Mon Jul 15, 2024 11:43 am — Replies 0 — Views 3