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New polling conducted by Morning Consult supported community banker meetings with policymakers at the recent 2022 ICBA Capital Summit, according to ICBA’s latest blog post.
New Dashboard: ICBA President and CEO Rebeca Romero Rainey notes that ICBA’s new “Public Opinion of Community Banks” dashboard of polling data in all 50 states found strong public sentiment in favor of local banking.
Key Results: Among the poll’s findings:
More than three in four U.S. adults say locally based lending decisions are important when determining where to bank.
70% of U.S. adults cited the importance of personal banking relationships.
61% said it is important that their financial institution does not receive taxpayer subsidies—raising questions about public support for credit unions’ tax and regulatory exemptions.
Continued Advocacy: “While the community banking industry’s positive reputation helps ensure our voices are heard, community bankers must continue speaking out given the many critical advocacy challenges we face,” Romero Rainey writes.