The statistic presents the number of financial institutions used in the United States in 2016, by generation. In that year, 38 percent of the Millennials used one financial institution, such as bank, wealth management firm, pension provider or ISA custodian, to address their financial service needs.
How many different financial institutions do you currently use to address your overall financial service needs?
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Other statistics that may interest you Banking industry in the United States
Overview
5
- Premium Statistic Largest banks worldwide 2023, by market capitalization
- Basic Statistic Largest banks worldwide 2023, by assets
- Premium Statistic Largest banks in the U.S. 2023, by market cap
- Premium Statistic Largest banks in the U.S. 2023, by assets
- Basic Statistic Number of FDIC-insured commercial banks in the U.S. 2000-2023
Retail banking
7
- Basic Statistic Personal savings in the U.S. 1960-2023
- Premium Statistic Monthly personal savings rate during COVID-19 in the U.S. 2020-2022
- Premium Statistic Leading mortgage lenders in the U.S. 2022, by value of loans
- Basic Statistic Mortgage debt outstanding in the U.S. 2001-2023
- Premium Statistic Mortgage delinquency rate in the U.S. 2000-2023, per quarter
- Premium Statistic Biggest credit card issuers in the U.S. based on user count, 2019-2020
- Premium Statistic Share of unbanked households in the U.S. 2009-2021
Investment banking
8
- Premium Statistic Leading financial advisors to M&A deals in the U.S. 2023, by deal value
- Premium Statistic Value of M&A deals in the U.S. 2006-2022
- Basic Statistic Number of M&A deals in the U.S. 2020-2022, by deal value
- Premium Statistic Largest IPOs in the U.S. as of 2023
- Premium Statistic Underwriters of largest IPOs in the U.S. 2023
- Premium Statistic Size of IPOs in the U.S. 2000-2022
- Premium Statistic Number of IPOs in the U.S. 1999-2023
- Premium Statistic Top 20 financial advisors to SPAC acquisitions in the U.S. 2023, by deal value
Corporate banking
5
- Premium Statistic Monthly value of commercial and industrial loans in the U.S. 2007-2024
- Premium Statistic Approval of small businesses loans in the U.S. 2019-2023, by lender type
- Premium Statistic Delinquency rates of U.S. business loans at commercial banks Q1 2000-Q1 2024
- Premium Statistic Charge-off rates of U.S. business loans at commercial banks 2000-Q1 2024
- Premium Statistic Level of debt held by small and medium companies in the U.S. 2020-2022
Workforce diversity
5
- Premium Statistic Gender diversity in leading U.S. banks 2022, by share of female employees
- Premium Statistic Board diversity at leading U.S. banks 2023, by gender
- Premium Statistic Gender diversity on senior level at leading U.S. banks 2022
- Premium Statistic Racial diversity in the total workforce of leading U.S. banks 2022
- Premium Statistic Racial diversity on executive and senior level at leading U.S. banks 2022
Further related statistics
10
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- Number of mutual funds worldwide 2011-2014, by country
- Total assets of the Industrial and Commercial Bank of China 2012-2023
- Operating income of the Industrial and Commercial Bank of China 2013-2023
- Total assets of the Bank of Communications 2013-2023
- Operating income of the Bank of Communications 2013-2023
- Total assets of the China Construction Bank 2013-2023
- Leading financial centers in Western Europe 2024
- Structure of investment portfolio of Allianz Group 2014-2023
- Total assets of Banco Santander 2001-2023
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Statistics
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- Number of mutual funds worldwide 2011-2014, by country
- Total assets of the Industrial and Commercial Bank of China 2012-2023
- Operating income of the Industrial and Commercial Bank of China 2013-2023
- Total assets of the Bank of Communications 2013-2023
- Operating income of the Bank of Communications 2013-2023
- Total assets of the China Construction Bank 2013-2023
- Leading financial centers in Western Europe 2024
- Structure of investment portfolio of Allianz Group 2014-2023
- Total assets of Banco Santander 2001-2023
Salesforce Research. (January 16, 2017). How many different financial institutions do you currently use to address your overall financial service needs? [Graph]. In Statista. Retrieved June 15, 2024, from https://www.statista.com/statistics/802389/number-of-financial-institutions-used-usa-by-generation/
Salesforce Research. "How many different financial institutions do you currently use to address your overall financial service needs?." Chart. January 16, 2017. Statista. Accessed June 15, 2024. https://www.statista.com/statistics/802389/number-of-financial-institutions-used-usa-by-generation/
Salesforce Research. (2017). How many different financial institutions do you currently use to address your overall financial service needs?. Statista. Statista Inc.. Accessed: June 15, 2024. https://www.statista.com/statistics/802389/number-of-financial-institutions-used-usa-by-generation/
Salesforce Research. "How Many Different Financial Institutions Do You Currently Use to Address Your Overall Financial Service Needs?." Statista, Statista Inc., 16 Jan 2017, https://www.statista.com/statistics/802389/number-of-financial-institutions-used-usa-by-generation/
Salesforce Research, How many different financial institutions do you currently use to address your overall financial service needs? Statista, https://www.statista.com/statistics/802389/number-of-financial-institutions-used-usa-by-generation/ (last visited June 15, 2024)
How many different financial institutions do you currently use to address your overall financial service needs? [Graph], Salesforce Research, January 16, 2017. [Online]. Available: https://www.statista.com/statistics/802389/number-of-financial-institutions-used-usa-by-generation/