Are We Seeing the Demise of Physical Banking?

October 17, 2011

American Banker
Novantas reported this year that average transactions per branch per month dropped 25% from 2006 to just 8,550 in 2010. Extrapolate that out to 2015 and you’re looking at 56% decline in monthly average transactional activity in the branch aggregated across the U.S.

Read more: “Are We Seeing the Demise of Physical Banking?”