Quoted from tracelifter:

Years ago my CDs were paying 6 1/4 % when the interest on some property was at 5%.
When the cds matured the rate if I rolled them over offered was .02%.
I pulled the cash out and paid off the properties, a little over 1/2 a million.
On our trust account we used to get 7%, the banks would compete for the dollars, not only did we get the 7% but they paid for our accountant.
Now we have to PAY the bank to hold the money.
We used to keep the interest on this account until the state went broke with all the handouts then they came up with regulation Q to steal that money.
The accounting and processing cost to escheat those funds now cost us more than the paltry chump change the bank pays on it.
A waste of time now to bank money, the inflation rate eats up all the interest and then some.
Our crooked politicians sold us out with the bank bailouts, no need to pay interest when they stole us blind.
Most of the people don't get it and don't care since they are buried in usury and have no savings anyway.
I am looking at some Az real estate and possibly another rental here now that RE has bottomed, gotta find a place to park the money and a bank sure as hell isn't it.