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open/close accounts
take out/pay on loans for things like car, house, education, business
deposit business receipts
save for various reasons such as holidays and retirement
purchase types of investments such as CDs
have a safety deposit box to store valuables, keepsakes, important items
What else can I help you with?
What are three types of institutions in which people usually keep their savings?
Commercial banks, savings and loan banks, credit unions
What did people do before there were banks?
Before banks people put their money in safes
Where is it possible to get a mortgage in the UK?
Mortgages are usually gotten from banks. It would be best for you to look around at banks in your area and figure out which banks have the best offer.
Are banks the investors that the fed buys the bonds from?
Usually
How banks get rid of repo cars?
They usually auction them.
Are district cooperative banks government banks or private banks?
That would depend on where you live but cooperative banks are normally private banks owned by the people (but not the government).
How many people work at banks?
The number of people working at banks can vary greatly depending on the size and type of bank. Larger banks can employ thousands of people, while smaller community banks may have a few dozen employees. Overall, banks employ millions of people worldwide.
What is the rate of interest that banks charge on loans to their best customers?
PLR stands for Prime Lending Rate. This is the rate of interest at which banks grant loans to their best customers. Usually the PLR is comparable and has very little difference between banks. The PLR is usually very similar among banks
Why do people build banks?
People build banks so that the water doesn't rise up and flood the city.
What is people's co-operative banks?
What is people's co-operative banks.....it is nothing but a urban bank which is categorically as cooperative.bank...
Are all US banks FDIC insured?
All us banks are not FDIC insured, however most banks that are competing effectively for business are usually FDIC insured.
Why was the northfield bank robbed?
Why? Banks are usually robbed for their money.
