I Hope Their Credit Counseling Is Better Than Their Research Analysis

Subscribe Now!

Stay on top of all the latest news and trends in banking industry.


The National Federation for Credit Counseling issued a press release with the following headline: Majority of Americans Ready to Change Banks if Fees Increase.

Pretty attention-catching, eh?

According to their survey of 2,172 individuals (conducted from their website — which, I must say, calls into question the representativeness of the sample), when asked what they would do if their bank raised the fees on their checking account, 51% said they’d shop for another bank.


This article was originally published on . All content © 2022 by The Financial Brand and may not be reproduced by any means without permission.