Online banking platforms are making it easier for customers to manage various accounts – is there a benefit of banking with a company like TD Ameritrade (NASDAQ:AMTD) over traditional banks? In this segment from The Motley Fool's everything-financials show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer take a question from their mailbag about nontraditional banking platforms.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America, BofI Holding, and TD Ameritrade. The Motley Fool owns shares of Bank of America, BofI Holding, and TD Ameritrade. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.