Trust in customer owned banking is on the rise

New research supports a movement towards credible, strong and viable alternatives to the major banks.

An Essential Media poll has found almost half of all Australians have less trust in the big banks because of the Royal Commission into banking.

At the same time, trust in customer owned banking institutions is on the rise.

The poll found that because of the Royal Commission into banking:

  • 47% have less trust in big 4 banks
  • 18% have more trust in Credit Unions
  • 17% have more trust in Mutual Banks
  • 15% have more trust in Building Societies