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Do Banks Live Up to Relationship Ideals? Survey Suggests Not

Do Banks Live Up to Relationship Ideals? Survey Suggests Not

by Diane McLaughlin | Jan 5, 2023 | Commercial & Industrial, Industry News

While community banks and credit unions often point to customer relationships to distinguish themselves from large banks and fintech competitors, a recent study found that only about half of consumers said their bank or credit union tried to engage with them to understand their needs.

ACSI Finds Drop in Bank, Credit Union Customer Satisfaction

ACSI Finds Drop in Bank, Credit Union Customer Satisfaction

by The Commercial Record | Nov 20, 2020 | Banking & Lending, CR Daily, Industry News

While Customer satisfaction with community banks and credit unions has fallen, it remains higher than satisfaction with national and super regional banks, according to a recent report from the American Customer Satisfaction Index.

ACSI: Credit Union, Insurance Industries Decline In Customer Satisfaction

by Laura Alix | Nov 17, 2015 | Banking & Lending, Executive Briefing, Industry News, Insurance

As the credit union industry has grown in membership, it’s fallen in customer satisfaction, according to the latest American Customer Satisfaction Index (ACSI). “The question here is really whether it’s a little bit of a case of, be careful what you wish for. Credit...

CFI Survey: Credit Unions Rank High On Customer Satisfaction

by The Commercial Record | Sep 22, 2015 | Banking & Lending, Industry News

Credit unions stacked up well in the customer satisfaction department, compared with their other financial services peers, according to a recent survey from CFI Group. The credit union industry scored an 87 on its third consecutive Credit Union Satisfaction Index, a...

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