Question

The primary source of earnings of commercial banks is income derived from Group of answer choices the checking account services provided to customers. the use of deposits to extend loans and undertake investments. vault cash and deposits held with the Fed. services provided to the U.S. Treasury.

Answer 1

Answer: The checking account services provided to customers.

Explanation:

Commercial banks are banks owned by private individuals in a country, and are opened to help their customers to; save money, obtain loans and carryout other economic activities while the bank makes their money in the process. The commercial banks are not funded by the government and therefore get their earnings from transactions they have with their customers.