I've used USAA Bank for years, and I've never needed a brick and mortar bank. And before you say that it's only for military/dependents, the credit union I used throughout college could also be fully utilized online. Many banks are capable of it. If you have a credit and debit card, along with direct deposit payments from your work, what do you need a bank for?
Just because you don't need brick and mortar doesn't mean that others don't.
In order to send money internationally, you must do it in person and wait to sign after it clears. For example, if you want to pay tuition to a school outside the US.
Business owners need to make deposits. I was at the bank multiple times a week and am now the person you don't want to be behind at the drive thru.
FOR THE LOVE OF GOD GET THIS PATRIOT A BRICK! THAT'S 168349 BRICKS HANDED OUT!
We are at 23.7117381461872748329354592% of our goal to BUILD THE WALL starting from Imperial Beach, CA to Brownsville, Texas! Let's make sure everyone gets a brick in the United States! For every Centipede a brick, for every brick a Centipede!
At this rate, the wall will be 1851.17299523180296568718788 MILES WIDE and 493.354155200717015532615453 FEET HIGH by tomorrow! DO YOUR PART!
So why Banks you're assuming they mean just branches? Because they didn't say just.
That being said, doesn't really matter, it's totally an academic debate. The number of branches in the USA have declined almost exponentially the past decade, and most are not that busy.
Needs I could come up with off the top of my head are cash deposits, and so folks can cash their checks. As well as additional services that need live signatures. Opening accounts, large wires, mortgages, and more.
Yeah you and I can do a lot of that via our mobile device, but dude, I'm over fifty, because I'm an IT guy, I'm one of the few I know who really into this a lot.
Making is the foundation of capitalism, we don't fuck with banking.
I hear you. I'm not arguing when I say this, maybe it'll help someone is all I'm thinking. My bank is seriously 99% online. Opening accounts, getting car/rental/property insurance, making ROTH deposits, ordering new credit cards when they expire, and requesting a loan can all be done on the phone or online. Mobile check deposits with your phone is also super common now. Even stuff requiring signatures is used with gmail encryption.
Cash deposits is a valid point. The one time I've ever needed to deposit cash required a stop at the US Post Office to buy a money order. And then I deposited it with my phone. I have no solution for that.
That's you and me. Remember tons tens of millions of folks don't have any bank account.
we want them to cash their check, so they can do what they have to do, because it's good for them, obviously, and good for the economy.
Also I think it's a good point to remember that a lot of the folks who hold a lot of the money, our folks over the age of 50 or 60. And what you had about 50, folks just need to go into the damn Branch because they're not really that good with a computer. I'm over 50, I'm still amazed that my cohorts in age can't figure this shit out. Granted I'm an IT guy, and I've been the computer nerd since the early 80's.
The only way to close up branches Nationwide why do would be to literally move to a cashless society almost immediately. Which is quite literally impossible.
FOR THE LOVE OF GOD GET THIS PATRIOT A BRICK! THAT'S 168345 BRICKS HANDED OUT!
We are at 23.7111747513789614535905760% of our goal to BUILD THE WALL starting from Imperial Beach, CA to Brownsville, Texas! Let's make sure everyone gets a brick in the United States! For every Centipede a brick, for every brick a Centipede!
At this rate, the wall will be 1851.12901105618607926753140 MILES WIDE and 493.342433024637544504797465 FEET HIGH by tomorrow! DO YOUR PART!
FOR THE LOVE OF GOD GET THIS PATRIOT A BRICK! THAT'S 168346 BRICKS HANDED OUT!
We are at 23.7113156000810397984267968% of our goal to BUILD THE WALL starting from Imperial Beach, CA to Brownsville, Texas! Let's make sure everyone gets a brick in the United States! For every Centipede a brick, for every brick a Centipede!
At this rate, the wall will be 1851.14000710009030087244552 MILES WIDE and 493.345363568657412261751962 FEET HIGH by tomorrow! DO YOUR PART!
The plandemic is pure hysteria
However....
I've used USAA Bank for years, and I've never needed a brick and mortar bank. And before you say that it's only for military/dependents, the credit union I used throughout college could also be fully utilized online. Many banks are capable of it. If you have a credit and debit card, along with direct deposit payments from your work, what do you need a bank for?
Just because you don't need brick and mortar doesn't mean that others don't.
In order to send money internationally, you must do it in person and wait to sign after it clears. For example, if you want to pay tuition to a school outside the US.
Business owners need to make deposits. I was at the bank multiple times a week and am now the person you don't want to be behind at the drive thru.
FOR THE LOVE OF GOD GET THIS PATRIOT A BRICK! THAT'S 168349 BRICKS HANDED OUT!
We are at 23.7117381461872748329354592% of our goal to BUILD THE WALL starting from Imperial Beach, CA to Brownsville, Texas! Let's make sure everyone gets a brick in the United States! For every Centipede a brick, for every brick a Centipede!
At this rate, the wall will be 1851.17299523180296568718788 MILES WIDE and 493.354155200717015532615453 FEET HIGH by tomorrow! DO YOUR PART!
So why Banks you're assuming they mean just branches? Because they didn't say just.
That being said, doesn't really matter, it's totally an academic debate. The number of branches in the USA have declined almost exponentially the past decade, and most are not that busy.
Needs I could come up with off the top of my head are cash deposits, and so folks can cash their checks. As well as additional services that need live signatures. Opening accounts, large wires, mortgages, and more.
Yeah you and I can do a lot of that via our mobile device, but dude, I'm over fifty, because I'm an IT guy, I'm one of the few I know who really into this a lot.
Making is the foundation of capitalism, we don't fuck with banking.
I hear you. I'm not arguing when I say this, maybe it'll help someone is all I'm thinking. My bank is seriously 99% online. Opening accounts, getting car/rental/property insurance, making ROTH deposits, ordering new credit cards when they expire, and requesting a loan can all be done on the phone or online. Mobile check deposits with your phone is also super common now. Even stuff requiring signatures is used with gmail encryption.
Cash deposits is a valid point. The one time I've ever needed to deposit cash required a stop at the US Post Office to buy a money order. And then I deposited it with my phone. I have no solution for that.
That's you and me. Remember tons tens of millions of folks don't have any bank account.
we want them to cash their check, so they can do what they have to do, because it's good for them, obviously, and good for the economy. Also I think it's a good point to remember that a lot of the folks who hold a lot of the money, our folks over the age of 50 or 60. And what you had about 50, folks just need to go into the damn Branch because they're not really that good with a computer. I'm over 50, I'm still amazed that my cohorts in age can't figure this shit out. Granted I'm an IT guy, and I've been the computer nerd since the early 80's.
The only way to close up branches Nationwide why do would be to literally move to a cashless society almost immediately. Which is quite literally impossible.
FOR THE LOVE OF GOD GET THIS PATRIOT A BRICK! THAT'S 168345 BRICKS HANDED OUT!
We are at 23.7111747513789614535905760% of our goal to BUILD THE WALL starting from Imperial Beach, CA to Brownsville, Texas! Let's make sure everyone gets a brick in the United States! For every Centipede a brick, for every brick a Centipede!
At this rate, the wall will be 1851.12901105618607926753140 MILES WIDE and 493.342433024637544504797465 FEET HIGH by tomorrow! DO YOUR PART!
FOR THE LOVE OF GOD GET THIS PATRIOT A BRICK! THAT'S 168346 BRICKS HANDED OUT!
We are at 23.7113156000810397984267968% of our goal to BUILD THE WALL starting from Imperial Beach, CA to Brownsville, Texas! Let's make sure everyone gets a brick in the United States! For every Centipede a brick, for every brick a Centipede!
At this rate, the wall will be 1851.14000710009030087244552 MILES WIDE and 493.345363568657412261751962 FEET HIGH by tomorrow! DO YOUR PART!