Americans’ Trust in Financial Institutions Increasing After Rocky Decade

Chicago Booth/Kellogg School Financial Trust Index Shows Americans’ Trust in Financial Institutions Increasing After Rocky Decade

The study was conducted for the Financial Trust Index via telephone by SSRS

Ten years after the financial crash of 2008, Americans’ trust in financial institutions is on the rise, increasing from 22 percent in 2008 to 28 percent in 2018, according to the Financial Trust Index (FTI), administered by the University of Chicago Booth School of Business and Northwestern University’s Kellogg School of Management

Though the past decade has shown a sharp increase in financial trust, that rise was not a linear path. After an initial recovery between 2008 and 2010, financial trust took another dip in 2011 and 2012.