US banks freed from branches use mobile apps to go after customers

Signage is displayed on the door of a US Bancorp branch in Louisville, Kentucky, U.S., on Thursday, July 12, 2018. US Bancorp is scheduled to release earnings figures on July 18. Photographer: Luke Sharrett/Bloomberg

Banks are going even more mobile. 

US Bancorp was the latest to say it will build a nationally available checking-account product as lenders introduce mobile offerings that let consumers do their full banking without a branch. The move follows similar announcements by some of the country’s largest banks including JPMorgan Chase & Co, Citigroup Inc and PNC Financial Services Group Inc.