The government would actually make money within three years if the Federal Reserve started paying interest on bank reserves, according to an industry analysis.

Looking to bolster support for the move, the American Bankers Association released a study showing that initial costs of $400 million would be recouped by 2006.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.