Answered

Some banks offer special accounts designed to attract junior high school students. These kids save in such small amounts that the accounts cost banks more to maintain than they are worth; however, bankers know that consumers are creatures of habit and hope that the young people they serve now will become adult customers. These banks recognize:

Answer :

Bank recognize these customers as lifetime customers.

Explanation:

The long term relation with its customers gives much more reliability and sense of connection that the bank is actually able to hold his customers for long with its good services.

The customers which are saving small amount in the bank will definitely save form amount in the same bank if the bank will able to provide good and timely services to its customers. This will give the banks and customers more profit in the near future.

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