Requiem For The Bank Branch? April 17, 2013Banks are reconsidering the role of branches, as big data insights continue to reshape bankers' understanding of their customers and the best way to serve and engage them. Number of In-Store Bank Branches Down in 2013 March 11, 2013In-store branches, which generally tend to be low-deposit locations, have decreased by 4.6 percent since 2011.
Citi to Cut 11,000 Employees December 05, 2012The layoffs are part of a company-wide restructuring plan; technology and operations units will be affected. Ready for Real Time: BBVA Compass Up & Running on New Core System November 29, 2012Accenture's Alnova new core banking infrastructure is now running BBVA Compass' checking and savings deposit platform across the bank’s 716 branches What Will the Branch of the Future Look Like? November 16, 2012Virginia-based StellarOne Bank is on a mission to build a forward-looking branch network.
BS&T 2012 Executive Summit: The Conference in Quotes October 05, 2012The recently completed Bank Systems & Technology 2012 Executive Summit offered up many good nuggets of wisdom. StellarOne Bank Envisions Branch of the Future September 21, 2012The Virginia-based bank is looking to modernize its branches and maximize its tablet offerings.
Bank Branches Are Dead September 12, 2012To create the branch of the future, you have to abandon the present.
Bank M&As Pick Up Steam: Hudson City to Merge with M&T Bank August 27, 2012Hudson City to merge with M&T Bank; $3.7 billion deal creates combined network of 870 branches stretching from Connecticut to Virginia. Affinity Plus Federal Credit Union and NCR Pilot New Automated Branch Model July 11, 2012The pilot will use NCR transaction automation technology to free up members advisors to have one-on-one conversations with customers and cross-sell. The Pursuit of New Revenue Generators: How Banks Can Monetize New Digital Technologies June 27, 2012Given new regulatory statutes and changing consumer habits, banks' revenue generators of 10 years from now almost certainly will not be the same as today's. While mobile and other emerging technologies offer exciting new opportunities for banks, however, t People's United Acquires 56 Citizens Bank Branches in N.Y. February 28, 2012The transaction, which is valued at $3.25 million, is expected to close in the second quarter of 2012. Face-to-Face Banking -- With a Video Twist August 08, 2011Video-based personal teller machines are helping Five County Credit Union extend its reach while shrinking its footprint. Capital One/ING Direct Deal Highlights Competitive Challenges Facing "Legacy" Institutions June 17, 2011Capital One/ING direct deal highlights competitive challenges facing lLegacy" institutions; Capital One says the $9 billion deal will extend its reach to young, high-income consumers; Allstate has the same idea in its planned acquisition of Esurance and An Retail Bank Customers Show More Interest in Shopping Around for New Banks March 03, 2011J.D. Power and Associates "2011 U.S. Retail Bank New Account Study" finds that shopping and switching rates are increasing; main drivers are advertising, changes in life circumstances, and branch convenience Hancock Holding Company and Whitney Holding Corporation Announce Merger December 22, 2010Hancock Holding Company and Whitney Holding Corporation announce merger; combined Gulf South financial institution will comprise $20 billion in total assets, $16 billion in deposits. BMO Financial Group to Acquire M&I December 17, 2010BMO Financial Group to acquire M&I with goal of expanding BMO's U.S. presence; companies cite complementary capabilities, strong management and "deep customer relationships." Chase to Open 90 Calif. Branches in 2010 April 28, 2010Chase announced Tuesday that it will open 90 new branches in California, bringing approximately 1,200 jobs to the state and effectively extending Chase's reach in California to more than 800 branches and nearly 3,000 ATMs. BB&T Awards Exclusive 5-Year Managed Print Services Contract to Lexmark February 24, 2010BB&T awards exclusive five-year managed print services contract to Lexmark; agreement will help BB&T carry out corporate cost savings and business initiatives. Northeast Bank Takes New Approach to Branching October 08, 2009