Tiny Bit of Confidence in Banks Remaining - Gallup

Our Javelin data show that banks trust remains paramount among other types of companies, although it certainly has dipped. What's also interesting from comparing Javelin's 7 years of consumer behaviors vs. attitudes (to address the age-old riddle of "why do people say one thing and then do another?") is this new trend: right now, consumers are more likely to switch banks for pragmatic reasons, such as rates or service. In typical years, consumers will complain about their bank but stay loyal, sometimes not switching unless forced by a move. Right now, consumers are more likely than ever to switch banks due to pragmatic interests or concerns. Javelin conclusion: now is the time for banks to be less about style and more about substance.

Thank you for the insight James.

I'm wondering if people would switch banks for lower fees, no PINS, passwords or logons, mobile transactions, safe web transactions and integrated Community and Bank lending?

Dean