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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...

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