COVID-19 Leaves Most Millennials Strapped for Cash, TD Bank Survey Finds

Monday, September 28th, 2020

TD Bank, America's Most Convenient Bank®, announced today that more than a third of millennials report COVID-19 has negatively impacted their checking account balance, according to the results of the latest TD Money Matters Survey.

The survey, which polled more than 1,000 U.S. consumers to learn more about their financial behaviors and credit habits during the pandemic, found that millennials were much more likely than Gen Xers and boomers (31% and 17%, respectively) to report their checking account balance is decreasing.

Read More at Cision.