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Category: Industry Trends
4 October 2015 - 14:38, by , in Industry Trends, Press, No comments
(Requires American Banker Subscription): “It is smart for CertusBank and other institutions to try to take extra space that they are not using and sublease it, said Bill Yeomans, president of Brookline Branch Services in Syracuse, N.Y.”
30 January 2015 - 12:35, by , in Industry Trends, No comments
(Requires American Banker Subscription): “Higher-than-expected expenses in the fourth quarter could be a signal that banks’ cost-cutting initiatives are losing steam.”
1 October 2014 - 14:54, by , in Industry Trends, No comments
(Requires SNL Subscription) “The nation’s 50 largest commercial banks increased deposits at a greater rate than all U.S. banks in aggregate, but the largest banks also saw a greater reduction in their number of branches.”
23 July 2014 - 9:14, by , in Industry Trends, No comments
“Are there economies of scale in banking? To put it simply, no, at least from an expense standpoint.”
1 April 2014 - 9:11, by , in Industry Trends, No comments
“If banks can agree on one branch-design principle, it’s that the branch of the future will not have teller windows. Instead, they will be equipped with self-service machines that can handle transactions like cash a check or get $1 bills, freeing up branch staff formerly called tellers to roam the branch to offer whatever service...
1 April 2014 - 9:09, by , in Industry Trends, No comments
“Someone recently shared with me a rather detailed written recap of a meeting at a midsize community bank. And while I have never worked with that organization, the scene described seemed all too familiar. Based off of the meeting notes, a senior manager of the bank in attendance was none-too-happy with the sales numbers. The...
11 March 2014 - 9:12, by , in Industry Trends, No comments
“Retail banking these days brings to mind the adage about academic politics, where ‘the competition is so vicious because the stakes are so small.'”
8 January 2014 - 8:44, by , in Industry Trends, Press, No comments
Many community banks still do business in facilities that were built in a different generation and have become obsolete, says Bill Yeomans, president of Brookline Branch Services in Syracuse, N.Y. “Some of these branches were built in the 1970s, but they no longer have the mortgage department on the second floor,” Yeomans says. “It’s more...
17 December 2013 - 15:03, by , in Industry Trends, No comments
(Requires American Banker Subscription) “For years, bankers have bemoaned the looming death of the traditional bank branch. Now it looks like it’s actually starting to happen. Finally.”
3 December 2013 - 8:41, by , in Industry Trends, No comments
“Buying a bank branch isn’t as attractive as it used to be. Especially for smaller buyers.”