3 ms·
But the longest maturity for CDs is around 5-10 years, while banks loan out money for 15-30 years for mortgages. And most banks probably have much more money d
by greenyoda 4y ago
But the longest maturity for CDs is around 5-10 years, while banks loan out money for 15-30 years for mortgages.
And most banks probably have much more money deposited in checking and savings accounts than in CDs.