Banks making money from deposits

kirstiepaige31 Posts: 23, Reputation: 1

New Member

Jul 12, 2012, 10:23 AM

Banks making money from deposits

How do banks make money from the deposits of customers?

excon Posts: 21,482, Reputation: 2992

Uber Member

Jul 12, 2012, 10:25 AM

Hello k:

They loan it out at a higher interest rate than they're paying you.

excon

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