Tip - How Does a Bank Afford to Pay Interest on Savings Accounts? | eHow
How Does a Bank Afford to Pay Interest on Savings Accounts?. When a customer opens a savings account, he or she is looking for a safe, stable place to store money while earning a modest interest income. Banks, especially those guaranteed by the Federal Deposit Insurance Corporation (FDIC), provide that safe haven for money and pay a small return...
More by Jennifer Stockton
No more topics...