Items include
branch strategies
Embracing sustainable banking can be both profitable and positive for a bank’s reputation and growth. We provide examples of sustainable initiatives and what other CFIs are doing.
Micro branches offer a cost-effective, flexible way to maintain personal service and expand service areas while adapting to increasing digital demands and operational costs. We discuss the trend and provide examples.
Despite the continued rise of digital banking, physical branches remain key for CFIs. We look at four different strategies financial institutions are using to revitalize their branches and drive results.
Because CFIs handle cash, they must maintain counting machines, vaults, trained staff, and security — expensive requirements given the dwindling use of cash. How can CFIs minimize the costs of handling cash?
By modernizing physical spaces, creating community hubs, and blending digital tools with personalized service, CFIs can ensure their branches are vital, customer-centric destinations now and in the future.
As electric vehicles gain popularity, CFI branches can benefit from offering charging stations to customers. We outline stats and discuss how charging stations can please customers and attract new business.
Small business owners may be warming to digital banking, but for the foreseeable future, they still want branches and a banker they can trust.
CFIs are making ground protecting themselves and customers against digital threats, but they also face physical security issues. Here’s what CFIs should do to assess and improve their physical safety.
Some CFIs are generating capital by selling branches and leasing them back from the buyers. What pluses and minuses does this strategy involve, and how should CFIs that are interested proceed?
For some of the largest banks in the US, branch openings outnumbered closings for the first time in a decade in 2023. Yet, branches are still being closed across the country, as digital banking gains popularity. We look at the reasons behind large banks' decisions to open new branches, even as online banking gains momentum, to learn how institutions are adapting to meet the diverse needs of today's banking customers.