Banking Analysis

SoFi was founded as a student lending organization that now has emerged into a full service online bank with a stadium in Los Angeles named after it, and a CEO who is a Wall Street darling.

Laurel Road is a division of Key Bank and was initially set up to provide a full range of services for medical professionals (doctors and nurses), but has since expanded to address the general public.  

Jenius Bank opened in 2023 as a division of Japan's Sumitomo Mitsui.  In the US, it only offers an online savings account with no fees or minimum balances.  Its rate is very competitive.  

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