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DEPARTMENT of FINANCIAL INSTITUTIONS MINUTES of  Form

DEPARTMENT of FINANCIAL INSTITUTIONS MINUTES of Form

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did you know that at least five percent of adults in America don't have a bank account that means that they're storing their hard-earned money in a piggy bank under a mattress or uh whatever that's called this is our secret spot it's very secure are you sure yep totally well most individuals and businesses store their money with the financial institution for safe keeping they deposit it in and withdraw it out whenever they need have you considered using a bank or a credit union what's the difference [Applause] Banks help protect your deposits from fraud and theft and offer access to all kinds of services like loss of branch and ATM locations online banking special accounts credit and debit cards and even big loans for cars houses or starting a business they're for profit and make their money mainly through various service fees and the interest charged on loans credit unions are similar to Banks but are usually exclusive to specific region

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