As /u/thr0wawayf00 mentions, they issued debit cards and allowed people to do direct deposits into their accounts. So people were using it like a bank for their

As /u/thr0wawayf00 mentions, they issued debit cards and allowed people to do direct deposits into their accounts. So people were using it like a bank for their ordinary day-to-day financial transactions. I, personally, would never have considered it a bank (or had any trust for anything crypto-related in general), but other people seemed to treat it like a bank.