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Banks are generally trusted by the public

Banks are generally trusted by the public - . . '...

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Banks are generally trusted by the public. When people put their savings into banks,  they receive little more than a paper receipt in return. There are two organizations in  place to ensure that banks are trustworthy with individuals' money and reasonable in the  loans that they make. The Federal Deposit Insurance Corporation guarantees that  deposits, up to $100,000 per account, will be returned to the depositor, even if the bank  fails. Individual banks also have a board of directors to regulate the sizes and interest  rates of loans the bank makes. This board is charged with ensuring that the bank is  taking reasonable risks with its depositors' money.  Banks serve another important role. When you look at a check or a debit card you will  usually see the name of a bank. Individual banks serve as the issuing and regulating  bodies for many financial services often employed by consumers. In this way, banks are 
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