Earlier quoted context omitted.
I could be one of the people running an ungoogled phone, but my bank refuses to have an app that runs on an ungoogled OS for "security"
My bank blocks my mobile with Lineage OS, and it's not even possible to login to the web site without the mobile app. Absolutely pathetic. Now I have to keep my 4 year old phone with 2 year outdated Android to access the bank application. Which deemed more safe then my mobile with latest security updates. Haha
Yes, banks* claim phones riddled with maximum severity security issues are secure. Also phones that are rooted but using magisk modules to conceal this fact, and use spoofed signatures from ancient hardware, but the most safe platform is not secure enough for them.
Go figure.
*not all, there are notable exceptions explicitly supporting secure platforms through the modern Hardware Attestation model.