I'm one year out of school, I had always wanted to work in banking, but because of the bloodbath of '08, I took a consulting job as soon as I got an offer. However, I'm still finding I'd rather work in banking, so can I still apply to these positions via online apps (I've got only a few connections), and do I stand a chance assuming all other areas (UG, gpa, etc.) are pretty qualified?
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nothing stopping you, same way there's nothing stopping me from applying to for an MD job, likelihood of you getting an interview without connections is slim.
^horrible comparison. yes, you can but it will be tough.
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