"Financial innovation" has become a four-letter word after the financial crisis, with many exotic financial instruments sending tidal waves of risk through a shaky system. However, Bank of The Internet (NASDAQ: BOFI ) has tackled this bloated industry with innovation of a different sort: an online-only bank. Their branchless operation has dramatically increased their loans since inception and has some eye-popping potential.
If Bank of The Internet grows into their potential, many of the big banks could be in for a rude awakening. However, there is still one blue-chip institution that stands out in a sea of mismanagement. Our analysts have dubbed it "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.