Answer:
By using the clearing, collection, transfer, re discount and other facilities of the Federal Reserve Bank, many member banks have been able to consolidate or dis continue balances with correspondents and lend or invest such balances at a rate much higher than the rate usually paid on bank balances.
Explaination:
usually like *convenience store
-multiple location locally or nationally
-wide varienty or service to meet individuals need
*update the current banking trends (mobile/online banking)
*FDIC insured up to $250,000
-federal goverment agency that insures commercial bank and savings & loan against loss