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Women in Banking: 'Boom-Boom Room' Milestone; Contrarian Branch Strategy

American Banker

A community bank CEO takes a contrarian approach to underperforming branches, staffing up instead of closing them down, and Bank of the West embeds star employees at nonprofits as leadership training.

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Breaking Branch Mediocrity

Jeff For Banks

Develop your branch staff. In my experience, the percent of banks that have specific training curricula for branch staff that goes beyond operations and compliance is somewhere south of Pi, if Pi were a percent, and I actually knew what Pi is. Do we have a “Small Business Qualified” designation in your training curriculum?

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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. Recruiting is easier in some regions than others.

Strategy 135
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Are Video Teller Machines the ‘Branch of the Future?’

Gonzobanker

Centralizing teller staff reduces turnover ratio, attracts higher quality applicants, and affords consistent training and communication of best practices, sales goals and promotions. An investment in ITMs requires hardware, software, installation, and maintenance costs, as well as the cost of training for video teller staff to operate them.

Video 60
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Are Video Teller Machines the ‘Branch of the Future?’

Gonzobanker

Centralizing teller staff reduces turnover ratio, attracts higher quality applicants, and affords consistent training and communication of best practices, sales goals and promotions. An investment in ITMs requires hardware, software, installation, and maintenance costs, as well as the cost of training for video teller staff to operate them.

Video 60
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Dimon's Minimum Wage Is Nice, But …

American Banker

JPMorgan Chase plans to increase its minimum wage and provide training to tellers. But the plan will only amount to a small fraction of JPMorgan's total expenses, and it has been cutting jobs and the branches where many of these employees tend to work.