Half of Americans Wonder Whether Their Money Is Safe in Banks

Since Joe Biden took office, inflation has exploded to the 9% range, and still remains a huge problem for consumers. . .

Just the News reports the Gallup poll warns that a total of 48% of U.S. adults say they are worried about their money being in banks.

Nineteen percent said they are “very” concerned. Another 29% are “moderately” concerned.

The poll, done April 3-25 just after Silicon Valley Bank and Signature Bank failed and just before First Republic Bank collapsed on May 1, found 30% “not too” worried and 20% “not at all” worried.

The results are similar to one done in 2008, when 45% of respondents were very or moderately worried about their money in banks – a time period just after Lehman Brothers investment bank failed. (Read more from “Half of Americans Wonder Whether Their Money Is Safe in Banks” HERE)

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