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Major increase in popularity of online banking

A new survey by the ABA indicates 57 percent of bank customers age 55 and over prefer banking online more than any other method. It is a 20 percent increase from 2010.

Also, 62 percent of adults polled said they prefer online banking to other delivery channels which include ATMs, branches, mail and telephone. Banking online is more preferred than all of the other channels combined.

The banking industry has changed for the good. Online banking provides speed and convience that customers from all age groups can benefit from.

Click here to read the full article from the ABA.

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