Study: Customer loyalty increases when banks resolve fraud
Bank customers who experience fraud are more likely to stay with their institutions if the bank is able to identify the perpetrator, according to a recent study.
Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for executive communications at the American Bankers Association.
Bank customers who experience fraud are more likely to stay with their institutions if the bank is able to identify the perpetrator, according to a recent study.
Personal income increased 0.4%, or $95.7 billion, in August, the Commerce Department said. The personal savings rate was 4.6%.
The cumulative trading revenue of U.S. commercial banks and savings associations was $16.6 billion in the second quarter of 2025.
Existing home sales decreased 0.2% in August from the previous month to a seasonally adjusted annual rate of 4 million, the National Association of Realtors reported.
The rate for a 30-year fixed-rate mortgage was 6.3% this week. The rate for a 15-year fixed-rate mortgage was 5.49%.
New orders for manufactured durable goods increased $8.9 billion or 2.9% to $312.1 billion in August, the U.S. Census Bureau said in its most recent advance report.
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