bg-arrow-down icon-arrow-up icon-back-to-top icon-linkedin icon-menu icon-search icon-twitter logo-white slider-arrow-left-gray slider-arrow-left slider-arrow-right-gray slider-arrow-right

The New Math of Branch Closures

Don’t be so quick to close that branch. It’s no secret that banks are shrinking their branch networks at a rate of 2-3% a year as customers find other ways to interact with their financial institution. So far, the impact has been mostly positive for the banks: low attrition rates, low costs to replace any lost deposits and reductions in operating expenses have made their way to the bottom line. But rising rates are changing ...

Read more

For more information, contact Novantas Marketing

+1 (212) 901-2772


Related Materials

article

The New Math of Branch Closures

Don’t be so quick to close that branch.

article

Deep Dive | Beware of Betas that Bite

For a long time during the current rate cycle, the continued expectation of rising betas was akin to the “Boy Who Cried Wolf.”

novantas perspective

Beware of the Next 100 Basis Points in Canada: A Tricky Time For Deposits

The outlook for deposits should be at the top of bankers’ minds following the Bank of Canada’s recent rate hike, which represented its fourth — and a cumulative 100 bp — move in the past year.

Please enter your email for verification:

Full Name (required)
Title (required)
Institution (required)
Email (required)
Select Product (one required)

PriceTek Deposits
PriceTek Loans
PriceTek Mortgage
PriceTek Offer Engine
StrataScape
BankChoice Monitor
SalesScape
MetricScape

Phone Number (optional)
Description of Need (optional)