Yes. We still need banks. Banks are going nowhere just to add. They play an important role more than just keeping our monies. They do more than just that. They are one of the reasons why theft is down. These criminals know that your money is in the bank. If this was not so, there will be breaking in and entry every other day to steal your cash. Banks also help the economy in one way or another. Banks are still a very crucial part of our country's institutions.