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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further. The operative question is: given online and mobile banking, what is the new role of the branch? Our point here is branching isn’t a passive activity.

Data 195
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Repeat After Me: ‘I Will Not Overspend on Telecom’

Gonzobanker

Is WiFi necessary in the branches? Is employee Internet usage managed? Market Commoditization: Every seven or so years a new technology emerges in the telecom space. Ethernet offers greater change management flexibility, additional stability and a desirable cost structure at higher bandwidths. Today it is Ethernet.

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Efficiency now: 8 smart strategy tips

Independent Banker

In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Jeff Reynolds, managing director at Darling Consulting Group in Newburyport, Mass.,

Strategy 135
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Breaking Branch Mediocrity

Jeff For Banks

Another day, another convoluted organizational structure that includes “small business bankers” that are dispersed into the branch network to shore up branch capabilities. If not small business bankers, it’s “cash management officers”, or “business development officers”. Hire to execute your strategy.