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Why that Spike in COVID-19 Bank Branch Closings Didn’t Happen (Yet)

The Financial Brand

With all the recent buzz about the demise of branches, it was easy to assume they were going to wither away. But that's not what FDIC says. The post Why that Spike in COVID-19 Bank Branch Closings Didn’t Happen (Yet) appeared first on The Financial Brand.

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The Elephant in the Room: Branches

Jeff For Banks

In keeping up with industry reading it is clear to me that we, as an industry, are perplexed at what to do about branching. The recently released FDIC Summary of Deposits showed the second year of branch decline. Many have built palatial branches that have no discernible value except as a bank branch.