Bailey

You're like, well, why can't the bank step up and increase the rates?

The reason that the rates are fluctuating for deposits.

And I remember I dealt with a bank years ago.

Oh, Marcus, Marcus.com.

And they offer, I think it was a 5% at the time, the savings account, 5% of the time.

And then it was like, okay, well, it's going to be 3% now.

There was like, well, it's going to be 1.5.

Okay.

Well then now there's no reason to use you versus any other bank out there.

You just, you just remove the only motivating reason to use this account.

The reason that these fluctuate so rapidly has to do with how many assets, how much assets, right?

Do they have ready-made assets for what they want to do?

Are they hurting for assets?

How much investors do they have if they're doing securities?

Is there buy-in on the security side?

There's all sorts of factors that then drive what are we trying to offer in order to incentivize people to do it.

And then there's a base one that just says, look, we'll still take your money if you don't really need it.

If we're not starving for the assets, we'll still take your money.

Many of the banks, they can't justify, it's not even a fort, they can't justify paying significantly higher rates to you

Just like years ago, remember, for those that are old enough, it used to be you had to pay to get a checking account.