January 28, 2010
Consumers Trust Credit Unions More than Banks
Finance professors from the University of Chicago and Northwestern University released their latest version of the Financial Trust Index
this week. This report gauges Americans' trust and approval of our nation's financial system.
Here's what the report found:
- Credit unions had a 58% approval rating.
- Local banks had a 53% rating.
- National banks had a 31% rating.
More consumers are moving their accounts from big banks to a smaller, local credit union. If you're searching for an Indianapolis Credit Union to help you manage your personal finances, consider joining Financial Center
We're an institution that you can trust.