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Are Americans De-Banking?

Sunday, August 29, 2010 - 12:09 PM
From CNNMoney.com:
While most still seem to have no problems storing their money at banks small and large, a few trends indicate that everyone from consumers to some of the world's largest companies are straying away from large financial institutions as sources of funding.

As we have seen in the last year, banks are seeing more deposits and fewer loans. This trend is not good news for deposit rates.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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