Where are banking login passwords saved (Q Mac)

Robhawaii

Are bank login credentials only saved in my Mac's Keychain on my hard drive or are they also saved on Quicken servers? If I login to the Quicken App on iPhone I'm asked for additional verification (enter code texted to phone) in order to update balances.
(Using Quicken Mac 6.2.2 and iPhone App)

RickO

To my knowledge, brokerage accounts are only done via Direct Connect and therefore this would not apply. To verify this, open the account's Settings screen (menu Account > Settings) and click the Downloads tab. This will display the connection type being used.

RickO

For Direct Connect accounts, the credentials are stored locally. For Quicken Connect accounts, the credentials are stored on Quicken servers. This is necessitated by the nature of Quicken Connect, which aggregates transactions from the web independent of you being logged into your copy of Quicken.

Robhawaii

Thank you for the information.
If I uncheck save password to Keychain will this also remove the password from the Quicken Servers?
My concern is related to the extra personal security measures I follow for brokerage investment accounts which I do not need to update daily.

RickO

To my knowledge, brokerage accounts are only done via Direct Connect and therefore this would not apply. To verify this, open the account's Settings screen (menu Account > Settings) and click the Downloads tab. This will display the connection type being used.

Robhawaii

Yes, that is correct- Brokerage accounts use Direct Connect and Bank accounts use Quicken Connect. Thank you!