If it's in the News, it's in our Polls. Public opinion polling since 2003.


Confidence in U.S. Banks Dips to New Low

For the second straight month, Americans are less confident than ever in the nation’s banking industry.

The latest Rasmussen Reports national telephone survey of U.S. Adults shows that just 34% are at least somewhat confident in the stability of the U.S. banking industry, including only five percent (5%) who are Very Confident. Confidence in the banking system is down a point from October, the previous all-time low.  Sixty-four percent (64%) don't share that confidence, with 19% who are Not At All Confident. The latter finding is the highest level of strong pessimism about the nation's banks measured in three years. (To see survey question wording, click here.)

To put this in context, overall confidence in U.S. banks is now lower than it was in February 2009 in the early days of the bailout era.  Prior to the financial industry meltdown in the fall of 2008, 68% expressed confidence in the stability of the U.S. banking system. 

Forty-six percent (46%) of investors are now confident in the stability of U.S. banks, a sentiment shared by just 20% of non-investors.

Still, most adults (59%) express little worry about losing the money they have in the bank, but that includes only 15% who are Not At All Worried. Thirty-seven percent (37%) say they are at least somewhat worried they will lose their money because of a bank failure, including 13% who are Very Worried. That’s a higher level of concern than in the summer of 2009 but fairly consistent with results from the past year.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 American Adults nationwide was conducted on November 11-12, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Want to read more?

Become a Rasmussen Reader to read the article

Have an account?

Log In

Become a Reader


Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.

We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.

Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.

To learn more about our methodology, click here.