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...
Posted: 9 years, 5 month(s) ago
About · Feed · FAQs · Privacy · Terms · Contact
© 2014 Tipspit.com