See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Nearly half of Americans concerned about safety of their money in banks

Posted on AllSides May 5th, 2023
From The Right
REUTERS/Brittany Hosea-Small / Fox News

Nearly half of Americans are losing their faith in banks after the U.S. banking system faced a series of blows that was an eerie reminder of the 2008 financial crisis. 

According to a recent Gallup poll, 48% of Americans are concerned about the safety of their funds in banks or other financial institutions. Of them, about 19% reported feeling "very" concerned, and 29% said they were "moderately" worried, according to the data. 

Comparatively, about 30% were "not too worried," and 20% weren't stressed at all.  

The survey was conducted a...

Read full story
https://www.foxbusiness.com/lifestyle/half-americans-concerned-safety-money-banks

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right