[David70]

Been banking with Schwab for years so no local bank, only electronic deposits, the pay ATM fees worldwide so I can use any ATM in the world for free. I spend about 40% of my time in SE Asia so it is extremely helpful to just be able to use the ATM for local cash and not worry about it costing anything. I get no money changed before I go. They also give me free checks and I think some minuscule amount of interest (zero fees). Think the local bank branch is dying. I have no interest in spending time in line, hanging out at the bank or having coffee with random bank employees and don't believe I have been in a bank in years.

I have a mortgage on our house with a local bank but recently wanted to take out a HELOC to purchase an investment property and got a better rate with a random local company, my relationship didn't matter. If I owned a business I might feel differently.