CONTACT US
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Timothy A. Steele
Investment Advisor Representative
Vantage Financial Group
164 Maple Street, Suite 1
Auburn, CA 95603
Cell: 916-559-1025
Fax: 530-820-1890
Email: tim@vantageauburn.com
January/February 2024
Digital-only Banks: Yay or Nay?
Digital-only banks — banks that have no physical locations but exist only online — are making some inroads into the banking industry. A recent Harris Poll found that 39% of respondents had opened a bank account with an online-only institution.
Consumers said they’d consider these major factors when deciding whether to open an online-only bank account. (See image.)
Source: The Harris Financial Services Poll, December 2022
Advisory services are offered through Vantage Financial Group, a Registered Investment Advisor in the State of California.
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