How do banks make money?

Question

How do banks make money?

Answer 1

ATM fees are another money maker, especially when you have to use another banking company's machine

Answer 2

interest.

Answer 3

Interest rates....

loaning money they do not have then forclosing on the loan and collect your real property!

Answer 4

By ripping you off for everything they can get away with. High interest rates, outrageous fees for returned checks, charging you to use their ATM's, Charging you to get a paper statement, Charging you if your account falls below a certain amount, Charging you for Travelers checks, money orders, etc. Yet they make a fortune on interest paid them for the money you have in their bank. It's a rip off.

Answer 5

By charging intrest on borrowed money.  And a huge money maker for banks is service fees.  One of the largest money making fees for banks is the fee they charge for bounced checks.  Some major city banks pay alot of their employees with those fees alone.

Answer 6

interests, service charges, investment, fines

Answer 7

by being thieves