Remove ATM Remove Branch Strategies Remove Community Remove Regional
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Are Video Teller Machines the ‘Branch of the Future?’

Gonzobanker

The lowly ATM has been sitting in the corner for the last couple of decades, quietly doing its job. As banks and credit unions continually strive to find efficiency and differentiation in their branch networks, many are wondering if they should invest in video teller machines (aka interactive teller machines). Incremental Sales.

Video 60
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Are Video Teller Machines the ‘Branch of the Future?’

Gonzobanker

The lowly ATM has been sitting in the corner for the last couple of decades, quietly doing its job. As banks and credit unions continually strive to find efficiency and differentiation in their branch networks, many are wondering if they should invest in video teller machines (aka interactive teller machines). Incremental Sales.

Video 60
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Feature Friday: Umpqua Showcases the Closest Branch on its Website

Fintech Labs Insights

Probably the best example of growing a franchise using branching (at least in the United States over the past 20 years), is Umpqua Bank. It grew from a small community bank to a west coast regional on the back of its innovative branching strategy (Warning! Do not try to copy this, it’s not 1995 any more).

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Breaking Branch Mediocrity

Jeff For Banks

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.