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How About Profits in the Branch of the Future?

Jeff For Banks

This highlights an important banking concept: revenues are mostly driven off of balances, not activity. 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. Not very inspiring.

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Feature Friday: Umpqua Showcases the Closest Branch on its Website

Fintech Labs Insights

But if you do have good branches, you should at least use your digital presence to showcase them. Probably the best example of growing a franchise using branching (at least in the United States over the past 20 years), is Umpqua Bank. Do not try to copy this, it’s not 1995 any more).