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Unless you’re one of those people who has a bunch of gold and $100 bills buried in your backyard, you’re going to need to use a bank. Are big banks more trustworthy than smaller ones? How do you choose who gets your money?
JG Wentworth compiled a report on the 108 biggest banks in the U.S., using data from Google and the Federal Reserve. Want to know which ones people have had the most problems with?
Take a look at the 10 worst banks in America, according to customer reviews.
Negative Keywords in Reviews:50.9%
Negative Keywords in Reviews:50.5%
Negative Keywords in Reviews:49.0%
Negative Keywords in Reviews:42.5%
The study also took a look at the biggest banks in the country, and their approval ratings. JPMorgan led the way, with over $3.5 million in assets. Interestingly enough, the majority of these banks, save for four, have more bad reviews than good.
Consolidated Assets:$3,643,099
Positive Reviews:38.1%
Negative Reviews: 32.1%
Consolidated Assets:$2,615,296 million
Positive Reviews:29.1%
Negative Reviews: 43.9%
Consolidated Assets:$1,760,921 million
Positive Reviews:29.1%
Negative Reviews:43.9%
Consolidated Assets:$1,711,028 million
Positive Reviews:30.7%
Negative Reviews: 41.1%
Consolidated Assets:$41.1 million
Positive Reviews:41.9%
Negative Reviews: 40.6%
Consolidated Assets:$549,324 million
Positive Reviews:43.2%
Negative Reviews: 36.0%
Consolidated Assets:$527,488 million
Positive Reviews:28.8%
Negative Reviews: 50.5%
Consolidated Assets:$490,573 million
Positive Reviews:37.8%
Negative Reviews: 40%
Consolidated Assets:$368,219 million
Positive Reviews:56.7%
Negative Reviews: 23.1%