29 September 2020

Make Your Money Matter

Make Your Money Matter

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  • Chase

    1 (877) 242-7372www.chase.com

  • Bank of America

    1 (800) 432-1000www.bankofamerica.com

  • Wells Fargo

    1 (800) 869-3557www.wellsfargo.com

  • Citibank

    1 (800) 745-1534www.citibank.com

  • U.S. Bank

    1 (800) 872-2657www.usbank.com

  • Capital One

    1 (888) 810-4013www.capitalone.com

  • PNC

    1 (888) 762-2265www.pnc.com

  • TD Bank

    1 (888) 751-9000www.tdbank.com

  • State Street Bank

    1 (217) 223-6480www.statestreetbank.com

  • HSBC

    1 (800) 975-4722www.us.hsbc.com

  • Branch Banking and Trust

    1 (800) 226-5228www.bbt.com

  • SunTrust Bank

    1 (800) 786-8787www.suntrust.com

  • Fifth Third Bank

    1 (800) 972-3030www.53.com

We take the Big Bank’s declared Net Interest Margin – a common percentage that reflects how much they stand to earn through borrowing – and then multiply it by your total deposits for the year*.
Of course, this isn’t an exact science. It’s just meant to illustrate, on average, how much the Big Banks made off your deposits.

Example Calculation

An average weekly deposit of $1,000 at JP Morgan Chase (NIM=2.73%) would have contributed to a total of:

*Algorithm Assumptions
-The weekly deposit amount is fixed over 52 weeks.
-There are no withdrawals during the 52-week period.
-The NIM percentage for each bank is static for the 52-week period.
-The NIM percentage for each bank is based on the NIM for Q4 2012.
-NIM formula and data source: http://bankreports.com

OK

Enter a weekly deposit amount above $1.00 to see the results.

OK

Unless you actually do make that much. In which case, can we be friends?

OK

The Terms of Use and the relationship between you and PSCU shall be governed by the laws of the State of Florida without regard to its conflict of law provisions. You agree to submit to the personal and exclusive jurisdiction of the courts located in the Middle District of the State of Florida.

OK

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