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Appended Data: Convenience Scores

Convenience is the number one reason a consumer will open a checking account. (source:  RFG's Strategic Planning Study Group).  

A
ppend RFG's Convenience Scores to your households and leverage branch convenience to maximize checking penetration and improve cross-sales.

As part of the CEO Strategies Group analysis, RFG calculates a specific Convenience Score for each of your households and recommends convenience-based tactics in the CEO Strategies report and at the workshops.

Using Convenience Scores will help you employ effective tactics to generate new checking business, retain "at-risk" customers and do branch-by-branch comparisons of sales potential.

You can purchase Convenience Scores for each of your households.  These data elements will be included in the file you will receive:

  • Convenience Score

  • Distance to Nearest Branch

  • Nearest Branch Code

  • Nearest Branch Name

  • # of branches w/in 5 miles


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