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Efficiency now: 8 smart strategy tips

Independent Banker

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. Consider your branch strategy. The days of people coming in to cash their Social Security checks—those are pretty much gone. Rightsize mortgage departments.

Strategy 135
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Breaking Branch Mediocrity

Jeff For Banks

I’ve been to a lot of branches as I travel the land looking for opportunities for banks to improve profits. I rarely see a “busy” branch. The bank security officer set me straight. Instead of adding staff and layering the cost onto an already burdened branch network (who pays for the compliance analyst you just hired?),