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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. But the progressive talk about the future of the branch at times lacks common sense, in my opinion.

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Bigger Banks Are Gobbling Up a Larger Share of Deposits: FDIC

American Banker

trillion, even as the total number of banks and branches declined. Total deposits at U.S. banks climbed nearly 6% year over year, to $11.3

FDIC 49
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Banker Quotes: As Told to Me v7

Jeff For Banks

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted since version 6. Bank CFO: The FDIC is on a rising rate binge. Bank CEO: We can''t control who comes in our branches.