Articles about bank and credit union branch design, architecture, interior design, branch merchandising, ATMs, video tellers, interactive teller machines, branch technologies, and retail branch experience strategies in banking.
As it builds branches to push into new markets, BofA focuses on gathering deposits and dispensing advice. The bank also revamped older branches to remove teller lines.
What It Will Take to Have Interactive Tellers Catch On with Consumers
For institutions, ITMs help with staff shortages, market growth and branch efficiency, but few consumers use them. Those that do, like them.
Stimulus Drives New Branch Deposit Growth But Banks Need a Plan B
Selective network expansion can still make sense but banks must prepare as stimulus funds impact gets wrung out and reality returns.
Customers Bank Pursues High-Tech, Branch-Light National Strategy
Next-generation management puts more chips on digital for all customers, but sees a critical role for humans on the business-banking side.
Do People Want to Visit Branches? Not When Digital Channels Work
Why debate the viability of branches when the whole point is convenience? New data verifies that channels are not what consumers care about.
Branches Continue Slow Fade, as New Ones Counter Closures
In spite of Covid's economic impact and the growing shift to digital banking channels, the industry has seen only modest erosion.
Three Ways to Get Stalled Branch Projects Back on Track
Timing and strategy are equally important as banks and credit unions address needed changes to their physical footprint and technology.
TD Bank Retools Branch Network While Beefing Up Digital Investments
The meaning of 'convenience' evolves as more consumers adopt online and mobile banking but still frequently crave face-to-face meetings.
5 Reasons Your Branches Don’t Stack Up to Your Competition
Weakness in any of these critical banking factors will make performance plummet. Find out what to fix first and revenues may improve.
A Practical Guide to Interactive Teller Machines
Banks and credit unions should be adopting this human-ATM hybrid should be sure consumers won't walk right past them.
Interactive Teller Machines Crucial in the Digital Banking Age
Banks and credit unions are taking a closer look at ITMs not only for drive-through use, but as a low-cost way to expand their footprint.
5 Points to Keep Your Branch Strategy on Track
Why should you close that branch? Why open a new one? If you can't answer such questions, you haven't got a network strategy.
Do Shared Branches Have a Role in the Digital Age?
Financial institutions share ATMs, why not branches? Many credit unions do and the practice could actually help trim branch networks.
Future of Bank Branches in a Digital Banking World
For the banking industry to transform from a branch-based model to a digital ecosystem requires technology, collaboration and a focus on experiences.
Why Citi Won’t Dump Its Skinny Branch Network and Go All Digital
Consumers still want to talk to live bankers when it comes to advice and education, says Citi branch network chief.
7 Mistakes Financial Institutions Make With Digital Signage
Digital signs should improve in-branch marketing, communications and customer experience. But do they? Here's how to avoid common pitfalls.
Three Essentials to Creating a High-Performing Branch Network
Branch network optimization is complex, but done correctly by harnessing data and customer experience research, it is highly rewarding.
Out of Sight, Out of Mind: Why Branches Still Matter
Out of sight truly means out of mind for banks and credit unions, even as digital channels grow. Big bold labels still matter.
Avoiding Branch Rebranding Headaches in Mergers and Acquisitions
Three factors are key: realistic cost assumptions, an outside-inside strategy, and staff understanding of the new look, name and focus.
The Evolution of the Branch Strategy at Citi
Following the Covid-19 pandemic, many banks and credit unions rethought their branch strategy. Bank branch as a delivery model is key to growth in banking, says Citi's Mindy Mercaldo.
Are Consumers Ready for a World Without Bank Branches?
In fact, a bigger question is whether the banking business itself is actually ready for an industry that's branchless and completely remote.
Chatbots and Cafés: How Capital One Balances Digital, Physical Banking
The big retail bank's experience proves a digital + physical strategy not only works, but could be the key to capturing Gen Z.
Mitigating The Risks of Branch Closures’ Impact on Attrition
The best way to slow inevitable attrition is to provide viable alternative channels like ATMs, ITMs, online and mobile long before cutting.
