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Has Online Banking Made In-Person Banking Obsolete? | Personal Finance with Chris Naugle

By Jason Nguyen
Published in Financial Planning
April 13, 2023
1 min read
Has Online Banking Made In-Person Banking Obsolete? | Personal Finance with Chris Naugle

So I read this really interesting article called Has Online Banking Made In-Person Banking Obsolete? by Chris Naugle. It caught my attention because I’ve been doing all my banking online lately and just realized I don’t even remember the last time I went to a bank in person!

Basically, the article talks about how online banking has completely transformed the banking industry. From depositing checks with your phone to paying bills through your computer, the convenience of online banking has made it difficult to go back to the old-fashioned way of doing things.

But that doesn’t mean in-person banking is completely dead. The article points out that some people still prefer the reassurance of talking to a real person when it comes to more complex transactions like applying for a loan. And there’s no denying that seeing your money in person and being able to physically deposit cash can give a sense of security that online banking can’t replicate.

Personally, I can see the pros and cons of both types of banking. I appreciate the convenience of online banking, but there’s just something satisfying about holding a wad of cash and physically depositing it into my account.

Overall, the article raises an interesting question about the future of banking and how technology is changing the way we handle our finances. It’s worth thinking about whether we’re losing something valuable by relying solely on online banking or whether the benefits outweigh the drawbacks. Either way, it’s clear that the world of banking is only going to continue evolving in fascinating ways.


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Jason Nguyen

Jason Nguyen

Freelance Journalist

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