How do BANKS set rates?

With the financial markets and investors in "spooked" mode, NOW, more than ever, banks are taking a new look at how they need to address and "entice" investors to deposit money into their banks. Without growth through deposits, banks will take a loss which will be hard to make up from other services. Statistical data shows banks with up to 150 basis points in difference in what they're pricing their money market deposits at from bank to bank in all 50 states. So, how do banks' price swing so much and how can banks offer the best pricing in a turbulent market to reign in some normalcy, investor confidence and ultimately regain a stronger gain in consumer confidence? ACCURATE RESEARCH. The company that is leading the banking B2B information age is "Market Rates Insight." They're the hub of timely, accurate and relevant data for banks to efficiently create solid price points for continued growth and stability ahead. I look forward to an alliance with MRI to help me better serve my clients as well as promote the services, scope and impact of this first-class global company. Pat Townsley, Advisor. 415-485-1776. Let's Talk.