Fintech'ers Will Be Right on Branching. Unless Bankers Act.
Jeff For Banks
MAY 31, 2017
I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." The red: millennials. Look at transaction counts.
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