Banks
Fed Auctions Another $30B
Banks also can increase revenue through raising fees for ATMs and other services and grow its deposit base by offering excessively high rates for savings to draw customers in. According to TheStreet.com's sister site, BankingMyWay.com, the highest CD rate in California was 7% and some savings accounts in New York are paying 5%.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.83
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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