Tuesday, October 17, 2017

Why Are Banks Paying So Little Interest On Deposits?

Interest rates on deposits at banks, and even credit unions, are so low as to hardly be worth the bother. The future holds better times for depositors; the banks' loan-deposit ratios will rise and they will need savers. At that time, deposits will earn decent interest.

from Forbes Real Time https://www.forbes.com/sites/billconerly/2017/10/17/why-are-banks-paying-so-little-interest-on-deposits/
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