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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

The advent of generative artificial intelligence is about to shift branch strategy again to re-raise the question – how can we get the most out of our branches? Likely, it might be a combination of the above, but setting a branching strategy should dictate capital allocation, branch layout, marketing, and staffing.

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Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. How can they counteract these effects and maximize financial efficiency? As we enter budgeting season, the answers might be found in a mix of strategies. Consider your branch strategy. By Elizabeth Judd.

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Growing a new branch

Independent Banker

community bank during the pandemic. President and CEO Ted Whitehurst talks timing, lessons learned, results and how his staff went the extra mile. “We Whitehurst and his colleagues had been considering opening a branch in Raleigh since mid-2019. Back to branch strategy. Ted Whitehurst, Providence Bank. “We

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

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

Gonzobanker

In reality, the ability to realize staff savings depends on the institution’s current staffing levels, level of integration, and strategy for customer introduction to ITMs. Will the institution have dedicated staff teaching customers how to use these new machines? Removal of manual cash handling. Customer Transition.

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

Gonzobanker

In reality, the ability to realize staff savings depends on the institution’s current staffing levels, level of integration, and strategy for customer introduction to ITMs. Will the institution have dedicated staff teaching customers how to use these new machines? Removal of manual cash handling. Customer Transition.

Video 60
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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. The real successful ones know how to analyze it and act on it. Bank CEO on his future strategy: A few locations and tons of digital.