Banks are places where people can keep thei money Most people use banks to save money in their savings accounts and to pay money from their checking accounts Today, when a person earns money from their job their paycheck is often electronically deposited (put) into their savings or checking account he she can pay their bills b wnting their accounts or pay online where their bills are electronically con to Banks or to loans to people People may use the bank's money to buy new houses cars by start businesses among other reasons The bank makes maey from lending charging interest other words, people have to pay back more than they borrowed This amount depends on how nsky the bank think the is and how fast the loan is paid back among other things souroe Copyrignr Read Theory LLC 2012 At muered