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Spotlight Reports

Big Banks: The Aftermath of the Recession

iModerate

Oct 29, 2014

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Following the 2008 mortgage crisis, consumers relationships with banks drastically changed. Over six years later, banks are still working to rebuild consumers’ trust. We wondered whether these efforts were fruitful, and if consumers’ attitudes had rebounded. We engaged over 100 consumers in one-on-one conversations and ended up with a comprehensive view of what post-recession consumers expect from their banking institutions.

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The results we received from the iModerate one-on-one, in-depth conversations were much more enlightening than what we typically garner from open-ended verbatim responses. The live moderator offers us the ability and flexibility to probe deeper on certain points, enabling us to get stronger, less vague information. That unique capability has proved extremely valuable to us, and has made this IM-based platform an integral part of our research toolbox.

Colleen Hepner, VP, C&R Research