Jeff For Banks
MAY 31, 2017
I also believe that branches can be developed as competitive advantages for community financial institutions. Much like the credit union CEO thinks his branching strategy differentiates his CU. But, as our current strategy execution stands, there is much work to be done. The red: millennials. Close them!
Jeff For Banks
DECEMBER 1, 2015
mBank’s light branch depicted above is located in a mall. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. And the rest of us are increasingly buying online. This highlights an important banking concept: revenues are mostly driven off of balances, not activity.
The Financial Brand
MARCH 6, 2016
The cost of building a bank branch may be better allocated toward improving mobile and online banking offerings.
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