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.
Banks May Still Need Larger Branch Networks to Find Sales Success
While closing branches in the wake of COVID and digital transformation accelerates, successful institutions still tailor plans to markets.
Online Appointment Setting Will Become the ‘New Normal’ in Banking
Banking by appointment went from novelty to necessity during the pandemic. Its impact extends beyond safety to new account growth and more.
Digital Banking Transformation Never Stops at Chase
When your institution is as large as Chase Bank, you can't afford to stop innovating. Allison Beer, whose the head of digital, talks through the future of technology investments at Chase.
As COVID Spikes, Branch Safety Is Back in the Spotlight
Moving beyond masks, financial institutions use technology to reduce the need for branch visits, and make people safer when they do come in.
A Realistic Alternative to Putting Up with Outdated Bank Branches
Renovating branches can be a tough sell, but a simple three-step approach can quickly make a huge difference to antiquated facilities.
The 4 Biggest Trends Impacting Branch Closures: Myth or Fact?
How much of what you know about branch trends is on target, and what's completely wrong? This new analysis of FDIC data will surprise you.
Adopting a Strategic Eye for Bank and Credit Union Branch Optimization
4 key steps go into weighing your branch network. Skip any of them and you have an incomplete view of your delivery system's future.
Rethinking Branch Networks Without Killing Sales or Jeopardizing Growth
'Branch traditionalists' may have gotten more digital channel mojo during the pandemic, but many would happily return to the 'old normal.'
Why That Spike in COVID-19 Bank Branch Closings Didn’t Happen (Yet)
With all the recent buzz about the demise of branches, it was easy to assume they were going to wither away. But that's not what FDIC says.
How Bank Branching Advocates Feel About Expansion Plans Now
Accelerating closings is seen as a cost-cutting, digital-investment move at PNC, U.S. Bank, Regions and more. But 'thin' branches remain in.
Trimming Branch Networks? Many Financial Institutions Find It Tough
Safely shrinking for efficiency and cost control means paying as much attention when you dismantle the system as you did when building it.
Branches Bounce Back with Strong Retail Sales After Initial COVID Hit
Study shows: Even with lobby restrictions still in place, most new consumer checking accounts at community institutions originate in-branch .
Bank Branches Are Dead. Long Live the Branch!
It's tempting to stop building new branches, but with Millennials and Gen Z years from profitability, catering solely to them is a big blunder.
Wells Fargo Retail Chief Says COVID Won’t Kill Branches
Mary Mack, Wells Fargo's retail CEO, looks to banking's future and sees strong role for face-to-face service — but not banking as usual.
Gen Z Prefers Banks to Big Techs, But Shuns Branches
For the members of Gen Z, it's a Venmo world. But for these tech-savvy consumers trust is as important in their banking as convenience.
As COVID-19 Favors Drive-Up Banking, Renovations Should Include ITMs
As the pandemic lingers on, banks and credit unions should put interactive video teller machines (ITMs) in their drive-through lanes.
CRA: Empty Bank Branches Do Not Help Communities
Declines in branch traffic are making the Community Reinvestment Act obsolete. There are better metrics than just counting branches.
Reimagining Branches (And What Banks Should Sell in Them)
Digital channels will handle everyday banking for most people. Instead of smashing bricks and mortar, make an innovative change in its use.
The Future of ATMs in Banking
Impacted by cash issues and branch closures, ATMs have been on a COVID rollercoaster. New units have less touch, greater functionality.
Why Universal Bankers are Now the Only Logical Option for Branches
Fewer people will visit branches but there is still demand for a great customer experience. This model is tailor-made for the post-COVID age.
Digital Pioneer BBVA Is Building New Branches in the U.S. (Here’s Why)
Marrying virtual and physical, halving the floor plan, trimming staff to basics, and rethinking mission go into post-COVID expansion drive.
Branches Still Dominate, But Banks Won’t Need as Many to Compete
Banks and credit unions will only gain branch cost savings if they improve their digital offerings. Many consumers aren't that impressed.
