Laurel Road Announces Checking Account Where Monthly Direct Deposits Can Lower Monthly Student Loan Payments

Gone are the days where banking requires you visit your local branch in order to access your money. For many individuals looking to open a checking account, saving on student loan interest just got a lot easier. With Laurel Road, a digital banking platform and brand of KeyBank N.A., members can now save time and money with a new checking account that takes everyday banking even further — by helping them save money on student loan refinancing with a linked Laurel Road Checking℠ account.
Throughout the pandemic, online banking has become even more important, providing users the ability to bypass face-to-face contact and interaction without sacrificing exceptional customer service. This, coupled with the ability to bank from anywhere, has created an increased popularity around mobile apps that provide secured online banking and customized features.  
Beyond straightforward banking, many checking accounts are typically limited to the ability to earn a small amount of interest or the ability to access a direct deposit paycheck a day or two early. However, Laurel Road Checking℠ combines the power of effortless, online checking with the ability to save every month on student loan payments—just by setting up qualifying monthly direct deposits.
In addition to offering the ability to save on student loan payments based on everyday banking, Laurel Road Checking℠ also offers the features customers want in a superior checking account, such as access to 40K withdrawal fee free ATMs and no monthly maintenance fees.
Key features and benefits of bundling a Laurel Road Checking Account + Student Loan Refinance:
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Source: Laurel Road