The functioning of savings banks 7 Articles

by Matthew Paulson

One of the most fundamental ideas in investing is that of the "opportunity cost." You can invest your money in only one thing, and if you use if for that only one thing, you lose out on the opportunity to use that money fo...read more

by Simon Wright

In the UK, I'm not aware of any banks that just offer savings accounts, so not sure what is meant by the term 'Savings banks'. Savings accounts, though, are offered by all the main banks and building societies, and also...read more

by Rob Bryant

In the "old" days, there used to be banks called savings and loans and that was pretty much what they did. By specializing in savings, they were able to pay a good interest rate. Making loans enabled them to bring in the m...read more

by Ethel Smith

Savings banks have been around in Europe for a couple of hundred years, at least I should think. Worldwide the banking industry is one of the most profitable businesses around. Most of us at some time or another save. Some...read more

by Krystle Hernandez

Many individuals are often lost among the complex jargon of banks and other financial institutions. Some banks are hybrid commercial and private banking institutions while others are more geared towards savings. The mai...read more

by Holly Rogers

One of the best things I ever did was put my savings into a 'savings' bank. There is no easier way to save and not only that, but you money starts making money for you. A savings bank is a financial institute that allow...read more

by Zeke Allen

There have been some exciting developments in the savings bank industry recently that are really beneficial to consumers. The basic function of a savings bank is a place for you to put away money and earn interest while s...read more