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Liberty Bank Beats Out NYC Lenders in Satisfaction Survey

Liberty Bank Beats Out NYC Lenders in Satisfaction Survey

by The Commercial Record | Apr 7, 2023 | Banking & Lending, CR Daily, Industry News

Middletown-based Liberty Bank has the most satisfied customers in the entire Tri-State area, even beating out megabanks like Chase and regional lenders like M&T Bank.

Survey Suggests Depositors Searching for Yield as Financial Health Dips

Survey Suggests Depositors Searching for Yield as Financial Health Dips

by The Commercial Record | Apr 4, 2023 | Banking & Lending, CR Daily, Industry News

Fewer customers had $10,000 or more in deposits at their primary bank in the past year, while the percentage of customers categorized as financially unhealthy increased, according to a new study from J.D. Power.

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.

J.D. Power: Banks Can Help Customers With Financial Stress

J.D. Power: Banks Can Help Customers With Financial Stress

by The Commercial Record | Apr 8, 2022 | Banking & Lending, CR Daily, Executive Briefing

Digital transformation and rising inflation have created a new set of customer engagement challenges for U.S. retail banks, according to a new study from J.D. Power.

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