Right on the money! (pun intended). In my opinion, the best way to beat the banks is to avoid using them as much as possible. Let's hear it for crypto and credit unions!
In the UK we used to have a very strong building society sector. The main difference between a bank and a building society is that banks are mostly privately owned, by shareholders (or nationally owned, and controlled by those politicians who used to be bankers), while building societies are mutually-owned - in other words, owned by the very people who invest in them.
During the 1990s, most building societies were changed into banks as a series of "carpet-baggers" forced through votes on the issue, and most of the investors short-sightedly voted for these institutions to become banks, tempted by the bonus of a cash windfall. Now there are very few building societies remaining, with hardly any of those in Scotland, where I live. So most people take their mortgage out with a bank.
Call me a conspiracy theorist, but I actually think that the recession of 2008 was constructed to put people even further under the control of the banksters. I certainly didn't think that was the case at the time, and I became very interested in economics, genuinely looking for ways that we could get out of the financial mess, following popular economists on Twitter and joining in online discussions on the subject.
Then I started to realise that what seemed like the most sensible ways to get the economy moving again were not actually being followed. And I also found out about crypto!
I think the whole recession thing backfired and that instead of making people more enslaved to the banks, it made most people more suspicious of them.
Oh, and Royal Commissions usually serve the purpose of preventing any further investigations into the issue and keeping the most important stuff out of the public domain.