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| SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market. | ||
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Anita Campbell, Editor |
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| Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more) | ||
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Small Business Trends Radio Tuesdays, 1:00 PM Eastern U.S. time on Voice America network Click to listen November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details. |
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Wednesday, December 17, 2003 | |
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Small Businesses Change Banks More Often | |
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A study by NFO Financial Services conducted earlier this year showed that small business owners are changing financial services providers at the fastest rate in years. The study points to Internet rate shopping and the similarity of product offerings as drivers of this trend.
Business owners switching financial institutions for at least one product or service totaled 8%, an increase of more than 20% year over year. The top ten financial institutions providing services to small businesses ranked by loyalty of their customers were.
Wachovia Washington Mutual Bank of America Bank One US Bank JP Morgan Chase Wells Fargo Citibank Fleet |
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