New digital bank for the US military Roger launches
Roger, a new digital bank targeting members of the US military and backed by Citizens Bank of Edmond, has launched across the US today.
An idea that was “years in the making”, Roger aims to provide support to newly enlisted US military members by giving them access to a digital banking platform and financial education tools and resources specifically designed for their needs.
The neobank has been founded by Jill Castilla, a US army veteran who has served as president and CEO of Citizens Bank of Edmond for the last 14 years.
“When I enlisted, there wasn’t a bank designed for me. I was shocked to see that, 30 years later, not much has changed,” Castilla writes in a LinkedIn post.
She adds that Roger is a bank “made for the day you join and perfected for all service members, veterans, their families and their supporters”.
Members of the US military can open an FDIC-insured account with Roger through its mobile app in minutes, with access to features including direct deposits for pay cheques, access to money up to two days faster, spending insights, savings folders, savings round-ups and a Visa debit card.
The platform was built in partnership with banking technology solutions provider Nymbus, which supported Citizens Bank of Edmond with brand creation, go-to-market strategy and ongoing marketing and growth support for Roger.