How About Profits in the Branch of the Future?
Jeff For Banks
DECEMBER 1, 2015
mBank’s light branch depicted above is located in a mall. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. This is down from 4.17% for banks and 2.51% for thrifts in 2006. One branch may be a laggard, but its presence is critical to the success of the whole.
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