Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

After Reform, Banks May Still Not Lend More

Tuesday, June 29, 2010 - 7:48 AM
From CNNMoney.com
Many banks have been reluctant to make new loans in recent months, in part, because of uncertainty about just how harshly lawmakers would crack down on the industry. But last week's ironing out of a Wall Street reform bill may do little to revive the flow of credit.

With banks not increasing their loans, there will be little reason for them to attract deposits.
0
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
Reply