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What Consumers Don’t Know (About Banking) Will Hurt You

Written by Kasasa | Dec 6, 2019 5:00:00 AM

Research finds most consumers would consider switching banks. According to the 2015 Consumer Banking Insights Study, 1 in 2 Americans would switch for higher interest rates, while 2 in 5 would switch for lower fees.

Yet 70% of Americans have never switched banks. The question is: why are 70% of all deposits still with the megas?

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View the full 2015 CBI Study Infographic