South State Correspondent

MAY 31, 2023

Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further. The operative question is: given online and mobile banking, what is the new role of the branch? Our point here is branching isn’t a passive activity.

Data 195

Data Branch Strategies Strategy Mobile 195

Jeff For Banks

MAY 31, 2017

I also believe that branches can be developed as competitive advantages for community financial institutions. Much like the credit union CEO thinks his branching strategy differentiates his CU. But, as our current strategy execution stands, there is much work to be done. Make your branches look the part.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

South State Correspondent

MAY 1, 2024

Honkook Kim and his Gentle Monster Brand is a perfect example. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. For inspiration in banking innovation, we often look to other industries.

Innovation 195

Innovation social media Branding Marketing 195

Jeff For Banks

OCTOBER 13, 2011

Many have built palatial branches that have no discernible value except as a bank branch. Their brand is wrapped around their number of branches, the primo locations of their branches, and the look of their branches. The pictured TD branch is about 100 yards from the Wells Fargo branch pictured below.

Branch Strategies 71

Branch Strategies New Jersey Strategy Capital 71