I'd say banks are swimming in money cuz I pay $15 per month for my account, plus $4.50 everytime I use my debit card at an abm plus $0.50 per debit card transaction...
for my business, we send out wires every week, I pay between $25-125 per wire (depends on amount of money wired)...
The banks rake in HUGE money that way
As for why the interest rates are so low? I'd say they are trying to stimulate the economy (easier access to cheaper capital = more startups).
All I care about it the exchange rate tho...
