When banks make loans, they put more money into the economy. this increases the

When banks make loans, they put more money into the economy. This increases the money supply.

Is important to understand that the banks are the intermediares between the Federal Reserve (as the monetary authority) and the economic agents (people like you and me, and the companies). When they make loans there's more money flowing, the credit rises and the interest rates go down (more supply, the lower the price).

You would need: your bank deposit account type (checking/prepaid card or savings), your account number, your routing number, your check number