Simple Bank Is Closing. Where Should You Move Your Money?

Motley Fool Staff, The Motley Fool
·4-min read
Simple Bank Is Closing. Where Should You Move Your Money?

Earlier this month, BBVA USA announced it would shut down Simple, a popular fintech company it acquired in 2014. On Jan. 7, Simple Bank emailed its customers to tell them it would close in 2021. The bank assured customers there wouldn't be any immediate impact on customer accounts.