Branch Strategies Community Regional Strategy 
South State Correspondent
MAY 31, 2023
The advent of generative artificial intelligence is about to shift branch strategy again to re-raise the question – how can we get the most out of our branches? At an average of $1 million per year to operate, the branch is the most expensive per unit channel in banking, given that a good branch serves 2,000 to 3,000 customers.
Independent Banker
JULY 31, 2022
Fallout from recent global events presents an obstacle to generating revenue for community banks. As we enter budgeting season, the answers might be found in a mix of strategies. It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
American Banker
MAY 26, 2016
A community bank CEO takes a contrarian approach to underperforming branches, staffing up instead of closing them down, and Bank of the West embeds star employees at nonprofits as leadership training.
American Banker
OCTOBER 7, 2016
plans to accelerate its growth in upstate New York by opening regional headquarters in Albany. Berkshire Hills Bancorp in Pittsfield, Mass.,
Gonzobanker
NOVEMBER 29, 2016
In reality, the ability to realize staff savings depends on the institution’s current staffing levels, level of integration, and strategy for customer introduction to ITMs. Instead, it originates from a couple of fundamental changes in sales strategy: 1. rural or expensive urban markets). Incremental Sales. Customer Transition.
Gonzobanker
NOVEMBER 29, 2016
In reality, the ability to realize staff savings depends on the institution’s current staffing levels, level of integration, and strategy for customer introduction to ITMs. Instead, it originates from a couple of fundamental changes in sales strategy: 1. rural or expensive urban markets). Incremental Sales. Customer Transition.
Jeff For Banks
FEBRUARY 21, 2015
Why add a protective wrap of additional employees around your branches? Because branch staff are too busy with operational duties to go out into the community and pro-actively hunt for business. I’ve been to a lot of branches as I travel the land looking for opportunities for banks to improve profits.
Expert insights. Personalized for you.
195 
Let's personalize your content