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Enough already with the “Branch of the Future”

Banking 4 Tomorrow

Articles Blogs Branch Strategy Engagement Banking Future of Banking branch innovation'

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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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How Huntington Bank Has Quietly Become a Digital Powerhouse

The Financial Brand

Some insist regional banks are doomed. But they overlook a midwestern institution that gives away little to the megabanks in retail banking. The post How Huntington Bank Has Quietly Become a Digital Powerhouse appeared first on The Financial Brand.

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Lifetime Achievement: Umpqua Holdings' Ray Davis

American Banker

Ray Davis is stepping down as Umpqua's CEO at yearend and transitioning to a new role as head of its year-old innovation lab. In his 22 years, he built Umpqua from a sleepy local bank into a regional powerhouse and internationally recognized brand.

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Repeat After Me: ‘I Will Not Overspend on Telecom’

Gonzobanker

We see innovation and new services first from these vendors. Smaller regional niche networks. Telecom upgrades and contract negotiations should be closely coordinated with the overall technology strategy and married to each institution’s application stack, branch strategy and long term technology planning.

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Feature Friday: Umpqua Showcases the Closest Branch on its Website

Fintech Labs Insights

Probably the best example of growing a franchise using branching (at least in the United States over the past 20 years), is Umpqua Bank. It grew from a small community bank to a west coast regional on the back of its innovative branching strategy (Warning! Do not try to copy this, it’s not 1995 any more).

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Efficiency now: 8 smart strategy tips

Independent Banker

Consider your branch strategy. Assessing the value of bank branches is an exercise that began long before the pandemic, but vaccine and mask mandates added new considerations to the debate. Often, these bankers rose to the occasion by employing tech solutions or other innovative approaches.

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