Changes

While banks can charge fees for services, mostly people depositing [[money]] in a bank will seem to see the amount of that money slightly increase over a long time due to [[interest rate]]s that the bank will pay.  Popular avenues for storing money are in [[checking account|checking]] or [[savings account|savings]] accounts.  Generally speaking checking accounts allow the writing of checks while savings accounts will not.  Savings accounts will generally pay a greater interest rate.

While banks can charge fees for services, mostly people depositing [[money]] in a bank will seem to see the amount of that money slightly increase over a long time due to [[interest rate]]s that the bank will pay.  Popular avenues for storing money are in [[checking account|checking]] or [[savings account|savings]] accounts.  Generally speaking checking accounts allow the writing of checks while savings accounts will not.  Savings accounts will generally pay a greater interest rate.

Banks can also offer [[certificates of deposit]] where the money is tied up for a set length of time earning a set interest rate.  Generally speaking, the longer the period of time the money is tied up, the greater the interest rate it will earn.

Banks can also offer [[Certificate of deposit|certificates of deposit]] where the money is tied up for a set length of time earning a set interest rate.  Generally speaking, the longer the period of time the money is tied up, the greater the interest rate it will earn.

Some banks now also offer full service investing, where they will have a vendor come into the bank and offer access to [[mutual fund]]s and other investing opportunities that the banks themselves do not directly offer.

Some banks now also offer full service investing, where they will have a vendor come into the bank and offer access to [[mutual fund]]s and other investing opportunities that the banks themselves do not directly offer.