Starting a De Novo Bank from Jack Henry & Associates, Inc.®
The most common banks are the brick and mortar banks, which are banks with branches. Many of them offer online banking, but the online services are optional.
Although using a traditional bank might seem old-school or too conventional, there are certain advantages unique to banking with a financial institution that has brick-and-mortar branches. Knowing some of the benefits of using a traditional bank can help you decide if it’s a good solution for keeping and handling your money: