Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Banks at near bottom of trust poll
DALLAS (9/21/10)--About 52% of those surveyed for a recent Associated Press-National Constitution Center poll said they have little or no confidence in banks. The poll was conducted by GfK Roper Public Affairs & Corporate Communications. About 1,007 randomly chosen adults were interviewed through landline and cell phone calls (LoneStar Leaguer Sept. 20). Respondents also expressed distrust with the federal government and Congress (49%), and blogs (54%). Conversely, about 39% said they are “extremely” or “very confident” in small and local business leaders, the scientific community and organized religion. The poll is one of several in a series showing that consumers’ trust in banks is declining. According to a recent Chicago Booth/Kellogg School Financial Trust Index survey, 62% of American consumers surveyed said they trust credit unions.That compares with 57% for local banks, 35% for national banks and 27% for banks in which the government has a stake, according to the June poll by the Chicago Booth/Kellogg School Financial Trust Index (News Now Aug. 6). The New York Times also reported Sept. 9 that New York gubernatorial candidate Rick Lazio may have lost his bid because of his ties to JPMorgan Chase, where he worked as a lobbyist.


RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
1 day ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
1 day ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
1 day ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
1 day ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
1 day ago