The 278 savings institutions in Texas, which lost $2.3 billion last year, have had to pay high interest rates for months to attract deposits.

As a result, the company has started offering higher rates to attract "jumbo" deposits of $100,000 or more.

To attract deposits, financial institutions raised their interest rates, which rose and even exceeded record postwar levels.

In section 4.1.1 we saw that one of the reasons for building society success was their ability to attract deposits, comparatively cheaply.

The increase, particularly for retirement accounts, is being supported by community banks as a way to help them attract deposits.

That has forced financial institutions across the state to raise rates to attract deposits.

The move bolsters the parent's financial health, which may allow it to attract deposits at lower rates.

By not seeking growth, Jamaica did not have to pay high rates to attract deposits.

Banks heavily advertise such accounts to attract deposits by families.

They are offering interest-bearing current accounts to customers, but attracting few new deposits.