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I have no need to use a bank at this time in my life.

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N/A

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N/A

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Don't know how to go about it.

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Ascend Federal Credit Union

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Banks make their money off the interest they charge people for borrowing, minus the interest they pay people for saving.

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Interests for loans are not as high compared to a bank. I currently have an account there.

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I have no money.

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My mom got a discount a couple years ago to sign me up an account.

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Suntrust

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Because i like the color orange

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Bank of America

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Regions

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Depository institutions issue loans, take deposits, and convert foreign currency. They make money from the difference of charging a higher interest rate on loans than the interest rate they pay on deposits.

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It's the bank my family uses, so it was easiest to use that one as well.

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My parents use that bank. They would most likely tell me to use that one.

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US Bank

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How banks make money off interest

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N/A

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Its more reliable then Bank of america, and the keep track with my money on the daily.

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bank of america

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I wouldn't need to use a bank service at the moment, but when i got a job yes.

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Bank of america

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How you they make interest, and the forms of money they offer.

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Depository Institutions take deposits, make loans, offer online banking, checking accounts, ATMs, issues debit cards and exchange foreign currencies.

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my parent use that bank

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Bank of America

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Again, N/A

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My parents go to bank of america ....... i think

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ascend federal credit

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my parents bank with them

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My family has been with them for years and i know a lot of the people there

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Banks would make money off of interest on people who do loans.

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Bank of America

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how banks make money

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I currently do not have the cash to meet the minimum requirements to open an account, plus, without a steady cash flow, it is more likely that I would do something stupid and ruin my account.

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It best suits their needs

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Bank of America

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My parents haven't introduced me to the bank life

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My family has used it and once I started my account, that's where I went and I wanted to know that my money was safe.

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don't have money to put in

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nothing i already knew

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My parents used it before me

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they make money from the difference of the interest rate they pay the depositor and the interest rate they charge when you make a loan.

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My family uses that bank

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Depository Institutions exchange foreign currencies, offer loans for home purchases, and they charge more interest on loans they pay to their depositors.

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How banks make the money they need to operate off of interest

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how the interest work

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Nothing that I didn't know from past learning or EverFi

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Banks make money off interest.

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The video gave details on Depository Institutions and some of the little things they do, such as online banking and loans.

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Depository institutions take deposits and make loans channeling money from savers to borrowers.

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the bank offers insurance and investment products through non banks

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Bank Of America

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My mom already had an account set up there so it was the easiest place to set up a new account for me.

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The bank makes money by the difference between what they pay out in interest to savings account and what they charge people in interest on loans.