Online banking comes out on top — just don't share your password

online banking
online banking

It seems like it's possible to do just about anything online these days, and the ubiquity of the Internet is showing up in how we manage our money.

According to a new poll conducted by the American Bankers Association, a higher percentage of Americans now prefer online banking to any other method, including in-person banking. The survey, for which 1,000 Americans were questioned, shows Americans' shifting preferences as well as our growing comfort with electronic money management. More than one-third -- 36% -- of respondents said they prefer online banking to any other method, while 25% of respondents indicated that they prefer face-to-face banking. Interestingly, despite the rapid adoption of smartphones, only 3% of respondents preferred to use their cell phone to manage their money.