Florida Banking November 2022

DID YOU KNOW? DID YOU KNOW... that a recent survey reveals that most consumers do not view digital banks as a “true alternative” to traditional banks? Industry news site PYMNTS.com and software solutions provider Treasury Prime polled 2,124 U.S. consumers, and only 39 percent of respondents said digital banks could be an alternative to traditional banks. Even of those respondents, more than half had no plans to switch to a digital bank. Respondents’ reasons for remaining with a traditional bank included a general lack of interest in digital banking alternatives, concern for the overall security of their money and data, mistrust in digital banks’ reliability or longevity, and a desire to

visit physical branches. However, the survey also revealed that two-thirds of respondents were using digital banking services of some kind, the majority of which were millennials and Generation Z. Improved transfers was a big motivator for those interested in digital-only banking, followed by benefits like lower costs and improved notifications.

ADVERTISING DIRECTORY

COMPANY

PHONE

WEBSITE

PAGE

28

CEIS Review Inc.

888-967-7380

www.ceisreview.com

13

First National Bankers Bank

800-275-4222

www.bankers-bank.com

15

Pacific Coast Banking School

425-278-0250

www.thepcbs.org

32

Zurich Insurance

410-559-2423

www.zurichna.com

FBA JOB BOARD ANNOUNCEMENT HAVE A JOB OPENING?

The FBA Career Center is a valuable resource for both job seekers and employers in the banking industry. Promote and advertise open positions to a targeted pool of qualified applicants seeking a career in banking.

Visit www.floridabankers.com/jobboard for more information.

WWW.FLORIDABANKERS.COM NOVEMBER 2022 — 31