bank deposits

Bank deposits are funds that customers place into their bank accounts for safekeeping and easy access. When you deposit money, you're essentially lending it to the bank, which keeps it secure and available for withdrawal or use. Deposits can take various forms, such as checking accounts, savings accounts, or certificates of deposit. They help banks fund loans and investments, supporting economic activity. Deposits are usually protected by government insurance (like FDIC in the U.S.) up to a certain limit, ensuring your money is safe even if the bank faces difficulties.