By: Jayson
I’d be curious to know how many of these added branches were added due to mergers or acquisitions? (Which carry member and asset growth along with them).
View ArticleBy: Rajashekara V Maiya
Yes we agree on the importance and the renewed focus on branch, which is necessary for advisory, personal touch. Please go through the attached link, which also provides insights into future of bank...
View ArticleBy: Mobile Banking Grows, But Branches Don't Give Up [TWIEB #39] | Backbase Blog
[...] Are Branches Dead? No Way, According To Performance Data The Financial Brand [...]
View ArticleBy: George
It’s interesting that so much scrutiny has been given to the so-called “dying branch”, yet data like this shows that branches can actually fuel better performance. The key distinction is that the...
View ArticleBy: Janice
Great article. The data makes one pause for a moment and ask the question, “is it really about the branch itself, or is it about the ability of CU management teams to develop and execute a solid...
View ArticleBy: Editor
Janice, As with any study that analyzes existing data collected by third parties, one cannot draw a cause-and-effect relationship. All a researcher can do when using third-party data is draw...
View ArticleBy: Janice
Editor, I don’t disagree with you, and in fact I think we’re saying very similar things. My argument is that the data itself doesn’t tell the whole story and it’s not a simple formula of adding a...
View ArticleBy: Editor
You’re right. Personally, I correlate those institutions that are adding branches with those that are lead by more aggressive, progressive executive teams. For instance, my hunch is that those in the...
View ArticleBy: Clicks & Bricks: The Future of Branch Network Expansion | eFace2Face
[...] networks anytime soon. In fact, not only are they expanding their networks, they’re also achieving numbers that more than justify this growth. Yet conflicting data indicates that consumer visits...
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