COSTA MESA, Calif.: 21 March 2019 — As customers continue to flock to online banks, with many such banks posting double-digit increases over the past year, 1 branchless—or direct—banks are setting the ...

Summary: My Banking Direct is an online division of Flagstar Bank, N.A., a New York-based regional bank. My Banking Direct offers a number of FDIC-insured deposit accounts and other banking services, ...

Spencer Tierney is a consumer banking writer at NerdWallet. He has covered personal finance since 2013, with a focus on certificates of deposit and other banking-related topics. His work has been ...

TROY, Mich.--(BUSINESS WIRE)--Direct banks—those branchless, digital alternatives to traditional retail banks—continue to grow in popularity. But instead of replacing incumbents, the new model has ...

At the turn of the millennium, direct banking was viewed as being almost taboo. Internet upstart ING Direct was scoffed at by the traditional, stodgy brick-and-mortar banks. Now the bank is the envy ...

Popular Inc. of San Juan, Puerto Rico, said it plans to roll out direct banking in the third quarter under two brand names: its own and that of E-Loan Inc., the online loan company it bought last year ...

Managing Editor, Global Data and Automation for Forbes Advisor. Mitch has more than a decade of experience as personal finance editor, writer and content strategist. Before joining Forbes Advisor, ...

Direct banks have existed for decades but are quickly growing in popularity. From the higher-than-average deposit interest rates, fee-free accounts and convenience of a digital, self-service ...

In its recent 2022 U.S. Direct Banking Satisfaction Study, J.D. Power found that established brands diving into the digital banking space are doing better than traditional banks and neobanks in terms ...

Tony Armstrong leads the banking team at NerdWallet. He has covered personal finance for over a decade. Tony began his NerdWallet career as a writer and worked his way up to editor and then to head of ...

Direct banks—those branchless, digital alternatives to traditional retail banks—continue to grow in popularity. But instead of replacing incumbents, the new model has given many established financial ...