Javelin Trust in Banking Awards
Banking is fundamentally an industry of trust. Building and retaining customers’ trust is vital to the survival and success of a financial institution. Javelin’s Trust in Banking Leader awards is based on the Trust in Banking study which provides financial institutions deep insights into this most important aspect of the relationships with their clients and identifies concrete steps that can be taken to strengthen the degree of trust that customers have in their respective financial institutions. Overall leaders in trust are ranked by two key aspects of trust -- reliability (how well accountholders believe their FI keeps their commitments) and goodwill (how well accountholders believer their FI looks out their customers’ best interest) -- among their customers. Javelin ranked 17 of the largest FIs in the U.S. according to the level of trust accountholders reported for each bank or credit union they identified as their primary FI.