BofA chief: We have a 'right to make a profit'

[Smittie61984]

Originally Posted by Sixxxxer

That service being...Holding YOUR Money.

Then why put it in a bank at all? Why not just keep it at your house/apartment/buried in the backyard?

I'm guessing you like the security of your money/wealth being in a bank. Why? If your house burns down and you have all of your money and savings in there then it is gone and nothing left to do except bitch. If the bank burns down or your house burns down then you go to the bank and retrieve your money.

You are also paying for the convienence of not having to run to your bank every day and to get a certain amount of money.

But as stated earlier. If people don't like it then you can get another bank. My bank actually pays my ATM fees back when I use it. I also don't pay monthly and well I don't pay anything ever.