TITLE

Big Banks Refuse to Yield On Their Deposit Pricing

AUTHOR(S)
Kuehner-Hebert, Katie
PUB. DATE
July 2009
SOURCE
American Banker;7/1/2009, Vol. 174 Issue 125, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses a report by the research firm Market Rates Insight which studied the interest rates that large banks are paying to customers. The report found that the largest 19 banks in the U.S. are paying lower interest rates on certificates of deposit (CD) and money market accounts as compared to other banks. Comments by Dan Geller, the executive vice president at Market Rates Insight, regarding the interest rates paid by large banks are presented.
ACCESSION #
42960962

 

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