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Balance Originations per Branch Remain Flat
While balance origination per branch was essentially flat year-over-year (< 1% increase), dollar productivity increased 1.5% due to a drop in FTE. Dive into the details
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Branch-based Product Sales Down 6.2% from 2016
Branch-based product sales are at the lowest levels of the past four years, down 6.2% from 2016, and were met with a 5% drop in productivity.
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Transaction Volumes Declining Faster than Teller Productivity
Transaction volumes are declining at a faster rate than teller productivity – 4.9% versus 1.2% respectively – highlighting the difficulty banks are having removing teller FTE from their staff. Dive into the details
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Are High-Rate Deposit Products Direct Banks’ Only Play to Win Customers?
Novantas Webinar Series
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Are High-Rate Deposit Products Direct Banks’ Only Play to Win Customers?
Novantas Webinar Series