During the second quarter 2013, bank branches generated a relatively low 2.04% total revenue as a percent of average deposits. Average deposits per branch were approximately $53 million. noch 65 Wörter
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U.S. banks collectively reduced the nation’s branch total by 390 locations during the third quarter, according to research firm SNL Financial. The closings are part of an ongoing trend of banks closing more branches than they open, as customers increasingly transact with their financial institutions through mobile and online Banking. noch 15 Wörter
Given the continuing importance of branches, improving the sales culture and technology in those branches needs to be a priority.
Branch banking is clearly at an inflection point as increased use of online and mobile banking has caused branch traffic to plummet. noch 50 Wörter
Teller capture technology can be utilized to improve customer service in the branch and make brick-and-mortar more relevant.
Statistics show that bank networks in the U.S. noch 47 Wörter
In the next few years, consumers say they plan to use branches as much if not more than they do today. But data suggests the tide is shifting to digital channels. noch 95 Wörter