Is the local bank deposit safe?

With the vigorous development of China's financial industry, many places began to set up their own local banks. These local commercial banks have attracted the attention of many depositors with their floating interest rates higher than those of large banks. So let's talk about the security of local bank deposits today. Is the deposit interest rate high?

Is the local bank deposit safe?

1, security from the perspective of bank subject

Although the anti-risk ability of local banks is not as good as that of the four major state-owned banks, many local banks are relatively large in scale and professionalism. Judging from the current situation of banks, the professionalism and development prospects of local banks are still good, and their risk dispersion ability is good.

2. Look at security from financial behavior.

From the perspective of financial behavior, security refers to the security of financial activities chosen by investors in local banks. Generally speaking, high-security financial behaviors such as bank deposits, time deposits and certificates of deposit are relatively safe.

The wealth management products of local banks are generally more selective, and customers choose products according to different risk tolerance. Generally speaking, the safety of general stable products is ok, which can meet the safety of funds. And some high-risk wealth management products, investors need to invest carefully.

Is the local bank deposit interest rate high?

Generally speaking, the expected wealth management income of local banks such as deposit interest rate will be higher than that of large banks. This is because compared with traditional commercial banks, local banks have lower anti-risk ability and credit, and their risks also increase accordingly. In order to attract customers, interest rates will be raised.

Therefore, under the same conditions, if the market risk of local banks is not great, some investors will deposit money in local banks to obtain higher interest.

The above is about the security of local bank deposits. I hope it helps you. Warm reminder, financial management is risky and investment needs to be cautious.