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Newsflash: Consumers don’t trust large banks (access required)

by Rebecca Tonn

Published: October 29,2009

Time posted: 11:49 am

Tags: BAI, consumer sentiment, Finacle

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Consumers trust community or regional financial institutions more than large national banks - not surprising given the recent failure of several behemoth financial institutions. The BAI & Finacle Banking Confidence Index surveyed 2,501 consumers across the nation - to measure consumer sentiment about retail banking. Credit unions rated the highest in consumer trust, at 83 percent, with community ...





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