For all the talk about making branches advice centers, bank leaders aren’t giving employees the right tools. And that is a set up for failure.
It’s not your parents’ branch anymore. But it’s not your great grandchild’s branch yet, either. Here’s a sound roadmap for community banks and credit unions in 2017.
Community banks need to hang up on second-rate mobile offerings and answer the call for first-rate, personal, localized service.
Jon Voorhees of Peak Performance Group discusses how banks can close branches and still experience low customer attrition rates.
Instead, banks can ask this: What digital tools can they use to keep branches relevant?
Somewhere between smart decisions and stabs in the dark, these assumptions hurt banks trying to sort out branch strategy.
Overall numbers are dropping, yet the industry still opens 1,000 branches annually. Here are 10 keys to boosting new branch success.
Banks large and small are rethinking physical retail delivery. But rather than just work with decreased spaces and increased tech, forward-thinking institutions are taking a more considered, human approach to branch updates.