First National Bank of Omaha in Nebraska has shut down mobile banking platform Milli Bank.
The $31.5 billion-asset bank closed the bank on Nov. 15. Milli Bank had offered a savings account with spending round-ups and auto-savings and a spending account with physical and virtual debit cards.
Customers with a remaining balance will receive checks for their balances, including any accrued interest.
“Our mission has always been to help you achieve your financial goals and support your financial wellness, and we are truly grateful to have been part of your journey,” Milli Bank said on its website. “We wish you the best of luck in your financial endeavors and encourage you to keep working toward your goals.”
First National will continue to operate its FNBO Direct online bank.