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Consumer Confidence In Banks Is At A 5 Year High

Friday, June 14, 2013 - 5:24 PM
According to a recent Gallup poll Americans' confidence is at a 5 year high.  Meaning that Americans believe they will receive the best rates and least amount of fees (although I don't believe this to be correct) in 5 years.

If interested, you may find full article here.
Knudsen7Knudsen727 posts since
Apr 27, 2013
Rep Points: 117
1. Friday, June 14, 2013 - 5:34 PM
"Americans' confidence in U.S. banks increased to 26% in June, up from the record low of 21% a year ago. The percentage of Americans saying they have "a great deal" or "quite a lot" of confidence in U.S. banks is now at its highest point since June 2008, but remains well below its pre-recession level of 41%, measured in June 2007. Between 2007 and 2012, confidence in banks fell by half -- 20 percentage points."

I wouldn't classify these poll results as promising when it comes to "confidence" in U.S. banks. Looking on the bright-side, at least the numbers are going up, and they are certainly better than the approval rating of Congress.
ShorebreakShorebreak2,674 posts since
Apr 6, 2010
Rep Points: 14,508