Some people who don't use banks still see value in them - and say alternatives aren't perfect substitutes
February 23, 2026
February 23, 2026
CLEVELAND, Ohio, Feb. 23 -- The Federal Reserve Bank of Cleveland issued the following news release:
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Some people who don't use banks still see value in them - and say alternatives aren't perfect substitutes
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People who use banks rarely or not at all sometimes still see value in banking relationships - and don't see alternatives as perfect substitutes, according to a new Cleveland Fed report.
The report summar . . .
* * *
Some people who don't use banks still see value in them - and say alternatives aren't perfect substitutes
*
People who use banks rarely or not at all sometimes still see value in banking relationships - and don't see alternatives as perfect substitutes, according to a new Cleveland Fed report.
The report summar . . .