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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. In other words, Wells could sell it and, current real estate market woes aside, can probably sell at a gain.

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'Safe' Accounts for Unbanked on Rise; Do They Do Much Good?

American Banker

Skeptics are questioning how many Americans are benefiting from these products, and want banks to do more to market them. Bancorp is the latest big bank to offer an overdraft-free account.

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Banker Quotes: As Told to Me v7

Jeff For Banks

How much of the market does Fiserv, FIS, and Jack Henry own? Bank CFO: The FDIC is on a rising rate binge. Bank CEO: We can''t control who comes in our branches. Then may I suggest downsizing branches, eliminating Marketing expense, and removing business development activities from job descriptions?