Back in 2009, voters' views on the safety and soundness of credit unions and banks were nearly even.
CUNA made that discovery in a survey showing credit unions eking out a slight advantage over banks at 37% versus 36%, respectively. That one percentage point is miniscule compared to how voters felt when the trade group asked the same question about safety and soundness in 2004. Nearly eight years ago, respondents heavily favored banks at 49%, compared to 25% at credit unions.
This time around, CUNA's 2012 National Voter Survey revealed that credit unions have moved out front at 49% compared to 34% for banks when it came to which financial institutions respondents favored for safety and soundness.
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