The Correlation of Branch Clustering and Checking Penetration


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Overview

Despite the growth of electronic bank channel use over the past 10 years, branches remain vital to financial institutions' growth.

With competitive pressure rising on all fronts, financial institutions must have the necessary tools to evaluate the markets that they serve or desire to serve. This Strategic Update will give financial institutions the latest industry findings on new branch activity, branch convenience, and branch performance along with current strategies being implemented by other financial institutions and factors to consider when determining whether to consolidate or expand a branch network.