
Jenius Bank: A New Digital-Only Bank with a 400 Year History
Banking Transformed with Jim Marous
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Genius Bank: A Digital Only Bank
Genius Bank doesn't have any branches. We don't have any paper. Everything's automated. So the savings I've created or that we've created in our business model is going back to the customer. And one of the ways it's going back is better rates. The other way it'sgoing back is no fees. Yeah. You know, when you look at the marketplace, we talked about the organization that have not necessarily met the goals of what they were hoping to achieve and in some cases backed off from the process. What organizations in the marketplace right now that are in a digital only mode, do you think kind of get it? They're not a bad model to follow from
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