News Topic: Branch banking
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Cadence selling seven branches ahead of BancorpSouth merger
Small banks and credit unions fear heavier toll from new lockdowns
Bank branches on the verge of extinction? Not anytime soon
Credit union flips script on branching with tech makeover
Why these banks favor hiring, branching over M&A
Pandemic leads Sharonview FCU to rethink branch layout, features
A new kind of shared branching for trio of Calif. credit unions
While many institutions are part of nationwide shared-branch networks, three Southern California credit unions have agreed to share one facility. The arrangement is believed to be the only one of its kind. ]] ... Read full article
Industry urges OCC to halt proposal restricting use of bank premises
The agency's plan would strengthen requirements that banks use a minimum amount of their real estate for the business of banking, but three grade groups say banks need flexibility in the pandemic to manage occupancy. ]] ... Read full article
Here's the pep talk branch workers need
Front-line employees yearn to be told they still have a critical role to play, as more customers are seeking in-person help amid the pandemic. ]] ... Read full article
4 ways credit unions can keep branches relevant
As self-service banking offerings continue to gain ground, financial firms must evolve their brick-and-mortar facilities in order to better serve consumers. ... Read full article
American Partners FCU enters Virginia via old Fidelity Bank branch
The North Carolina-based credit union, which purchased the vacant bank branch last summer, serves some members across the state line but has not had a brick-and-mortar presence there until now. ... Read full article
Pandemic slows pace of branch expansion at Navy Federal
The credit union expects to open at least eight branches across the country in the months ahead, about half of what it normally adds to its brick-and-mortar network in an average year. ... Read full article
Make more room in branches for subject-matter experts
With fewer people allowed inside branches, banks have to capitalize on those limited in-person interactions by offering experts on financial literacy and mobile banking. ... Read full article
Credit union branch expansion continues in face of pandemic
Despite limiting on-site visits and adding more self-service channels, the industry is forging ahead with plans for hundreds of new or expanded brick-and-mortar locations. ... Read full article
Congressional FCU under lockdown as mob storms U.S. Capitol
Capitol police directed the institution to close four branches Wednesday as armed Trump supporters forced their way into the complex, and two facilities remained shuttered late in the day. ... Read full article
Southern California Bancorp adding branches after raising $42 million
The company is also looking to hire more senior lenders as it expands in markets around Los Angeles and San Diego. ... Read full article
2020 was a horrible guest, but an excellent teacher
The events of this year transformed banking, for better or worse. Smart bankers will build on the ways they learned to do their jobs better. ... Read full article
Citi tests long-term viability of video banking
Though most bank customers expect to return to calling or meeting in person with their bankers when the pandemic is over, Citigroup is gauging how much business it can keep in the videoconferencing channel. ... Read full article
Fearing protests, banks batten down on Election Day
Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race. ... Read full article