Tuesday, February 12, 2013

4% Interest Rate on a Checking Account?!?!

Interesting idea to park some of your cash besides the mattress…
How do financial institution do it?
  • Attract the type of customers that community banks and credit unions want: people who lower their costs and generate revenue.
  • Save around $2 a month when an e-statement replaces a paper one
  • Make money every time you use your debit card
  • People who use online banking are more self-serve and that helps reduce overhead costs
To learn more...

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