B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

59%

59% -- share of banks using social media for marketing and sales for US banks (2023)

2023  · n=330  · American Bankers Association

59% of surveyed banks report using social media for marketing and sales.

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Attribution: American Bankers Association View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
59%
Unit
Percentage
Data Vintage
2023
Entity
US banks
Sample Size
330
Geography
US
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

60/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
American Bankers Association Primary Tier B
https://www.bankmarketingcenter.com/blog/post/2023/09/15/aba-report-confirms-that-banks-are-more-soc… ↗
Confidence: 53/100 Vintage: 2023 Channel: Wayback
Source Article
ABA report confirms that banks are more social than ever.
ABA report confirms that banks are more social than ever. It was just over a year ago that we were talking about social media in our blog “5 ways to attract customers using social media,” making the point that social media isn’t “just for kids,” and that social media messaging platforms must be an e…
Original Research
American Bankers Association · Original study ↗

ABA survey of 330 banks

Methodology documented
IndustryFinTech RegionUS Channelsocial
Plain Text
US banks: 59% share of banks using social media for marketing and sales. Source: American Bankers Association (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/banks-social-marketing-sales-use-2023
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<blockquote cite="https://lighthousedata.io/data/banks-social-marketing-sales-use-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>59%</strong> -- share of banks using social media for marketing and sales for US banks<br><small>Source: American Bankers Association (2023) · <a href="https://lighthousedata.io/data/banks-social-marketing-sales-use-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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