[ICYMI] Two Major Environmental Benefits of Virtual Banking
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Virtual Banking Lowers the Industry's Carbon Footprint. Virtual banks reduce the amount of paper used by traditional banks. As more people make the switch, physical branches will become too expensive to maintain. Virtual Banks cut down on paper waste and energy consumption. Virtual banking is a net gain for the environment, reducing energy use and reducing emissions. The entire banking experience is digital; nothing needs to be signed on paper or mailed or mailed. The industry is closing redundant or lightly-traveled branches to reduce emissions.