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Regional Banks
Large banks like First Norwest, Chicago, Mellon and Crocker function regionally at the national level in a fashion same to money center banks. Regional banks serve as correspondents for smaller local banks in the similar way that money center banks act as correspondent for regional banks.
You deposit $500 today in a savings account that pays 3.5% interest, compounded annually. How much will your account be worth at the end of 25 years?
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