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How Current Events Have Changed Banking

Current events have changed banking, do you know how?

While consumer concern about macro-economic conditions currently is at its highest point in the last 40-50 years, this concern has only started to influence how people think about their own financial habits. New research reveals a shift in consumers' financial attitudes following the economic crisis:

  • Those considered older (55+) appear to be reacting most poorly to the economic downtown
  • Younger bank customers (34 years or less) may be more focused on becoming more fiscally conservative.
  • Overall, less people are rewarding themselves by spending money, and more agree they need a good financial plan in place.

First published on 10/25/2007

Last updated on 06/28/2009

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