Brio Direct’s standard CD APY is 0.45% but the bank is currently offering a promotional high-yield CD rateof 4.0% for new accounts only. CDs renew automatically at their maturity date but the bank ...

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 ...

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 ...

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 ...

Waiting for your paycheck or tax refund to hit your bank account can be stressful — especially when bills, rent, or groceries are due. In 2026, many banks and financial apps now offer early direct ...

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 ...

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 ...

You’ll find competitive savings rates here, plus you can make cash deposits -- an extra selling point for an online-only bank. David McMillin writes about credit cards, mortgages, banking, taxes and ...

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 ...