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Avoiding Branch Fatalities

Do banks face a hopeless situation with failing branches? It is a pressing question as the industry gears up for 2012. Everywhere you look, networks are being dragged down by branches that were crippled during the recession and may never recover. Based on a recent Novantas study of the entire U.S. branch system, nearly 16,000 units are facing closure over the next three years. Representing about 18% of the industry total, these “zombie branches” simply ...

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