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Consumer Deposit Accounts Disclosure & Fee Schedule Form

Consumer Deposit Accounts Disclosure & Fee Schedule Form

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welcome to banking 101 a first principal jargon free course on banking so far we have developed a qualitative understanding of what banks do the objective of this lesson is to identify the numbers that best explain what a bank does if we wanted to understand an airline we may look at how its revenue is split by Leisure versus business customers or domestic versus international travel likewise four categories of measures help explain A bank's activities the first relate to how Banks Source the funds necessary for their operations the second relate to how they deploy their funds the objective of one and two above is to earn revenues hence the third category of measure relates to the composition of revenues finally all the above three require expenses in terms of people and Technology hence we will conclude this lesson with an understanding of A bank's expense base before we proceed with this lesson let us take a moment to orient ourselves on where we are in this course so

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