Plansmith Blog

Bankers: Are You Considering a New Branch Location?

Posted by Kevin Stang on 4/18/18 2:42 PM

So, you decided to open a new branch? This comes after you’ve spent hundreds of thousands of dollars on new electronic delivery technologies. It also comes after we just hit a record for financial institution branch closures. And let’s also add the fact that lobby traffic has reduced by 10 times the rate of those branch closures. Given these facts, how can you know if you’re making the right decision?  

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