Branches Are Dead

USAA Is a Model for the Post-Branch Future
American Banker
It has been clear to me that this business model is where banking is headed, but it seems that USAA may have a jump on the competition.

Are We Seeing the Demise of Physical Banking?
American Banker
When I’m asked “How do we get customers back into the branch?” my answer is simple. How would you get them back into a Borders or Blockbuster?

Retail banking
The Economist
This house believes that bank branches are obsolete.

The New Formula for Branch Productivity
Novantis Strategy & Management
Retail branch banking has entered a period of radical change. Comprehensive strategies, as permitted by staff mapping, will be needed to transform the branch workforce.

The branch is dead, long live the branch
SNL
The banking industry has spoken: Total branches have been in decline for the last three years. Yet despite the industry's downward trend, over half of the largest banks by branches actually saw their branch counts increase since 2009 thanks to a mix of acquisitions and branch building.

Branch Today, Gone Tomorrow
The Financial Brand
King, best-selling author of Bank 2.0 and founder of Movenbank, believes financial institutions making any further investment into the brick-and-mortar channel are wasting their time, energy, resources and money.

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