"You're seeing somewhat tepid loan growth largely because there's tepid loan demand," PNC Chaiman and CEO William Demchak says. PNC Financial Services Group, a bellwether for large regional banks, on ...
A demand deposit account, or DDA, is a type of bank account that you can withdraw from on demand. The most common types of DDAs are checking and savings accounts, but money market accounts are also ...
Demand deposit accounts allow immediate money access and are FDIC or NCUA insured up to $250,000. Interest rates on demand deposits are low, reflecting their high liquidity and immediate access ...
Deposit outflows in early December, driven by tax payments, widened the credit-deposit gap for scheduled banks. Despite a ...