Shaking Up the Status Quo: 10 Emerging Banks Disrupting the US Banking Industry

Shaking Up the Status Quo: 10 Emerging Banks Disrupting the US Banking Industry

The US banking industry has traditionally been dominated by a few large players. However, in recent years, a number of emerging banks have been shaking up the status quo and disrupting the industry. Here are the top 10 emerging banks in the USA:

Varo Bank:

Varo Bank is an all-digital bank that was founded in 2015. It offers a range of banking products and services, including checking and savings accounts, personal loans, and credit cards. Varo Bank has no physical branches and operates entirely online.

Chime:

Chime is another all-digital bank that was founded in 2013. It offers a range of banking products and services, including checking and savings accounts, debit cards, and mobile payments. Chime has a large and growing customer base, particularly among millennials.

Axos Bank:

Axos Bank is an online bank that was founded in 2000. It offers a range of banking products and services, including checking and savings accounts, mortgages, and personal loans. Axos Bank operates entirely online and has no physical branches.

NBKC Bank:

NBKC Bank is a community bank that was founded in 1999. It offers a range of banking products and services, including checking and savings accounts, mortgages, and personal loans. NBKC Bank has a strong focus on customer service and has won numerous awards for its commitment to excellence.

Marcus by Goldman Sachs:

Marcus by Goldman Sachs is a digital bank that was launched in 2016. It offers a range of banking products and services, including high-yield savings accounts, personal loans, and credit cards. Marcus by Goldman Sachs has no physical branches and operates entirely online.

TIAA Bank:

TIAA Bank is a full-service bank that was founded in 1918. It offers a range of banking products and services, including checking and savings accounts, mortgages, and personal loans. TIAA Bank has a strong focus on customer service and is known for its competitive interest rates.

Ally Bank:

Ally Bank is an online bank that was founded in 2009. It offers a range of banking products and services, including checking and savings accounts, mortgages, and personal loans. Ally Bank has no physical branches and operates entirely online.

Aspiration:

Aspiration is an online bank that was founded in 2013. It offers a range of banking products and services, including checking and savings accounts, debit cards, and investment accounts. Aspiration has a strong focus on sustainability and social responsibility.

First Foundation Bank:

First Foundation Bank is a full-service bank that was founded in 1990. It offers a range of banking products and services, including checking and savings accounts, mortgages, and personal loans. First Foundation Bank has a strong focus on personal relationships and customized solutions.

Live Oak Bank:

Live Oak Bank is a digital bank that was founded in 2008. It offers a range of banking products and services, including checking and savings accounts, SBA loans, and healthcare financing. Live Oak Bank has no physical branches and operates entirely online.

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