King@lemy.lol to People Twitter@sh.itjust.works · edit-28 months agoBanks need it /slemy.lolimagemessage-square98fedilinkarrow-up1915file-text
arrow-up1915imageBanks need it /slemy.lolKing@lemy.lol to People Twitter@sh.itjust.works · edit-28 months agomessage-square98fedilinkfile-text
minus-squarelesinge@sh.itjust.workslinkfedilinkarrow-up94·edit-28 months agoCrux of the argument? Profit margins are very small on small personal bank accounts. If NSF fees are reduced, how ever will we profit from these tiny accounts?! https://archive.is/ybfiw One bank made only 49 billion profit last year, up from 48 billion in 2022. Why won’t somebody think of the banks!?
minus-squarecaptainlezbian@lemmy.worldlinkfedilinkarrow-up10·8 months agoOh no, anyways credit unions exist and rarely have these issues
Crux of the argument?
Profit margins are very small on small personal bank accounts. If NSF fees are reduced, how ever will we profit from these tiny accounts?!
https://archive.is/ybfiw
One bank made only 49 billion profit last year, up from 48 billion in 2022. Why won’t somebody think of the banks!?
Oh no, anyways credit unions exist and rarely have these issues