Consumers again are more satisfied with credit unions than banks when it comes to online banking, and overall they trust them more, according to an annual research report.
Credit unions as a category scored 84 on a scale of 100 in the Online Financial Services Study, compared with 82 for community banks and large banks alike, according to the research by ForeSee Results of Ann Arbor, Mich., sponsored by Forbes Media.
The firm uses the American Customer Satisfaction Index originated at the University of Michigan to analyze more than 45 million survey responses and identify improvements to websites and other online initiatives for a number of industries. Credit union members comprised 11% of banking institution respondents, ForeSee Results said.
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