Yes...because banks have made it much more difficult to do online banking through a web browser as a forcing function to route people to their apps.
I actually switched to a credit union last year from Chase partly for this reason. Chase used to have m.chase.com, which was PERFECT for most of the banking I did while being extremely fast, even back in the 2G days. They Web 2.0'ed it in 2017 and deprecated m.chase.com in 2018 or so.
The provider that maintains my bank's online banking platform made it fast and lightweight, much like m.chase.com of yesteryear, while also adding more modern authentication security (2FA vs SMS).