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 ...

My Banking Direct is the online division of Flagstar Bank. It has just a handful of products: one checking account, one high-yield savings account, one five-month certificate of deposit (CD) and a ...

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 ...

TROY, Mich.: 11 May 2023 (Updated 20 Sept. 2023) — If there is one silver lining to the constant forward march of inflation and rising interest rates, it can be found in the direct banking sector, in ...

FNBO Direct is a standard option compared to the best banks. Business Insider's personal finance team found that other online financial institutions have more online bank account options and higher ...

Brooke Enloe is a former banking editor at Forbes Advisor. She is an editor and writer, passionate about producing enlightening content for readers. Her articles are about recent banking news, ...

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