AgTalk Home
AgTalk Home
Search Forums | Classifieds (1) | Skins | Language
You are logged in as a guest. ( logon | register )

$1200 checks and banks
View previous thread :: View next thread
   Forums List -> AgTalk CafeMessage format
 
Orfarmer
Posted 3/26/2020 07:36 (#8139637 - in reply to #8139491)
Subject: RE: $1200 checks and banks



Roanoke, IN
flyinfarmer - 3/26/2020 07:32

But don't they have to maintain a level of cash inside their 4 walls that is some % of their total deposits?

Could this deal cause a run on some banks?


Banks now have 0 reserve requirements.

Not likely, since most of the "checks" will be direct deposit and used through a debit card or other electronic means.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)