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Temkin Trust Ranks CUs as 2nd Most Trusted Companies
Thursday, April 14, 2016 6:30 AM

Credit unions were named the second most-trusted companies by consumers across 20 industries in the 2016 Temkin Trust Ratings.

Notably, credit unions also outperformed their industry average by more than 15 percentage points. Credit unions boasted a 70 percent trust rating, while the banking industry had an overall rating of just more than 50 percent.

For the second straight year, USAA took the top two spots under banking and insurance categories. Citibank was at the bottom of the banking industry with a 33 percent trust rating.

The next highest-scoring companies were Publix, Mercedes-Benz, USAA for its credit cards, Chick-fil-A,, Residence Inn, H-E-B, Lexus, and BJ's Wholesale Club.