What will our depositors do when rates rise?
Jeff For Banks
OCTOBER 12, 2013
The continued extension of the Fed''s easing policy through possibly 2016 has given us a sense of security. The last Fed action prior to the 2004 rate rise was June 2003, when the Fed Funds Rate stood at 1%. This analysis reviewed what happened to FDIC insured deposits across the U.S.
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