The Financial Column — The Future of Bank Branch Optimization

2009-07-19

Increase in Local Branch Density & Innovation in Customized Branch Services

Kevin Travis of Novantas explains that banks need to reposition their branch networks. That means closing branches in some locations and opening new ones in others, or changing the function and format of branches in certain locations. Banks that optimize their footprint can increase organic growth from 10% to 33%.

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