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Also consumer checking accounts aren’t really that important to bigger banks or even bigger credit unions. Banks own a large portion of property that doesn’t fa
by hbosch 8y ago
Also consumer checking accounts aren’t really that important to bigger banks or even bigger credit unions. Banks own a large portion of property that doesn’t fall into a checking account. For instance if you own a home and pay a mortgage to Wells Fargo, they control a far greater amount of your wealth than whoever you bank with.
Also, business banking and loans in general will never be something that happens on an Robinhood. At least not in this generation. These types of entities require a man in a suit in an office.