Web Reference: Please use this thread for all recommendations relating to bank accounts, credit cards, loans, financial management apps, etc. Where should I bank? Has anyone used ABC Bank? What is a good no fee checking account? Posts with referral links will be removed. I was with USAA for banking since 2013, but was considering switching banks in mid-2023. There's nothing *wrong* with USAA's banking platform - solid bank, but not much in incentives to stay there. Interest rate sucks (like it does with most brick & mortars), no great features, etc. I checked Ally and then heard about SoFi. Jun 1, 2023 · Enter corporate healthcare banking, the demand is completely inelastic, and you can charge whatever you want with interest. They will be forced to pay, unless they can’t. This is a profitable and large industry. Consider this, the business model of a bank is to take a loan at one rate and to give a loan at a higher rate.
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