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Roger, a new virtual bank created with the needs of service members in mind, gives enlistees and civilians the essentials of banking plus a high return on savings.
A community bank joins forces with a financial technology startup to serve military members. Citizens Bank of Edmond, an Oklahoma-based community bank, has partnered with financial technology startup Nymbus to launch Roger, a digital bank specifically for newly enlisted military members and their families.Roger provides products and services including direct deposit forms and a round-up feature for debit card purchases, according to its website.Direct deposit funds are insured through FDIC-insur
Does the US need a new online bank? If it serves new military recruits underserved, under-educated, and under-protected by the banking industry, then yes it does.