Page 30 - AAA Now! – AAA Central Penn – January/February 2021

FINANCIAL SERVICES
Banking at a Branch Could Be Costing You Time & Money
Every year more people are managing their finances with online or mobile banking solutions rather than going to
a physical bank location. Here are just a few reasons why banking with a brick-and-mortar branch could be costing you time & money:
Extra Time Spent – Having to go to a bank to manage your finances comes with extra steps that ends up costing valuable time. Driving to the branch, waiting in line or sitting at a drive- up window are time-consuming and could be avoided with online banking.
Lower Annual Percentage Yield – APYs at banks with many brick-and-mortar branches tend to be lower than online banks. This is because paying to build, staff, maintain and operate branch locations involves expense.
Less Flexibility – You don’t need to deal with the hassles
of branches when the essentials of online banking, mobile banking and 24/7 customer service are right at your fingertips.
Enjoy convenience and high returns when you switch to an online bank. Save smarter this year with help from
Discover Bank® – the only bank that offers preferred member APYs on select products to AAA members. To learn more about savings, money market and CD accounts, call 1.800.347.7056. Or visit them at AAA.com/Deposits. Discover Bank, Member FDIC
30 I JAN/FEB 2021