Banks can and should innovate and market new services generating lending growth before shuttering up all those main street branches. Foreign markets, trading on their own accounts, and subprime lending have all been tried already.
After the graduation parties, job hunting, and teary goodbyes are over, it's time to figure out the heavy stuff: finances. How much debt are you going to be in? Do you need a cosigner on your loan? Is there an app for this!?!?
Despite their claims, my son's bank does not protect its customers by informing them at the ATM that they are about to overdraw their accounts. So, let me add my voice to Arianna's call to move your money.