However, mobile one could be, there will always be a reason to visit a physical branch. In a study conducted by big banks, 90% of people prefer to visit bank branches to conduct financial transactions (purchase certified checks, get docs notarized, convert bills, changes etc) and more importantly learn and understand about other financial products. And not to deny the benefit it brings to certain sections of the society (e.g. Seniors), who are not as comfortable with mobile banking. Also the APY is 1.20% and not 0.95%. Thanks