The McDonald's of Banking

By John Malmo

http://stream.publicbroadcasting.net/production/mp3/wkno/local-wkno-639743.mp3

Memphis, TN – There are many sides to the banking business besides retail banking. But retail deposits are cheap money for banks, and retail products are high-margin sales. So bankers who understand retailing have a leg up on bankers who do not.

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