3-6-3 Rule
id:
3-6-3-rule-164-4879240
title:
3-6-3 Rule
text:
The term 3-6-3 Rule describes how the United States retail banking industry operated from the 1950s to the 1980s. The name 3-6-3 refers to the impression that bankers had a stable, comfortable existence by paying 3 percent interest on deposits, lending money out at 6 percent, and being able to "tee off at the golf course by 3 p.m." The implication was that the banks were less competitive during that period than in subsequent years due to tight regulations that limited the formation and location
brand slug:
wiki
category slug:
encyclopedia
description:
Principle of United States retail banking industry from the 1950s to 1970s
original url:
https://en.wikipedia.org/wiki/3-6-3_Rule
date created:
2012-06-09T20:27:01Z
date modified:
2024-08-28T19:58:21Z
main entity:
{"identifier":"Q4634106","url":"https://www.wikidata.org/entity/Q4634106"}
image:
fields total:
13
integrity:
15