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June 24, 2019

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Glen in Texas

It’s ironic that you bring this up now because my wife is unwinding her father and mother’s estate. They chose small local banks with no branches in the major city we live in. These banks still do almost all of their account work by paper, and it has required we take time from our busy jobs as they also do not have Saturday lobby hours. Their technology is abysmal. We are actually closing these accounts to move the money to probably the most technologically advanced bank in the world JP Morgan Chase. Chase even has their own electronic payments, Zelle. The only place I would argue that Chase is behind is cryptocurrency, and I would argue that until a government backs a cryptocurrency, it’s the realm of speculators.

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