Nearly half of US worried about the safety of money in banks: survey

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Nearly half of US worried about the safety of money in banks: survey
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Nearly half of Americans are concerned about the safety of their money in banks, survey finds

The survey found that 48% of adults were concerned about their money being in banks. Of those, 19% said they were"very" worried and 29% said they were"moderately" concerned about their funds.

Comparatively, 30% of adults said they were"not too worried" and 20% said they were"not worried at all." The level of concern was generally lower among upper-income adults, democrats, and college graduates. The majority of Republicans surveyed — 55% — said they were at minimum moderately worried about the safety of their funds. A comparatively low 36% of Democrats said the same.

The divide between college and non-college-educated adults was similar. More than half of those without a college degree said they were very or moderately concerned but only 36% of those with a college degree said they were worried.

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