How does banks effect the us economy

banks effect the u. s. economy by keeping money for money so if you dont have much money and dont want to pay large fees i advise not using a bank and keeping it safe in your own way.

Banks operate by borrowing funds-usually by accepting deposits or by borrowing in the money markets. Banks borrow from individuals, businesses, financial institutions, and governments with surplus funds (savings) ... Interest rates provide the price signals for borrowers, lenders, and banks.