Tip - How Does a Bank Afford to Pay Interest on Savings Accounts? | eHow

Published  | Submitted by Jennifer Stockton
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...

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Posted: 9 years, 4 month(s) ago

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