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Bank Branch Isn’t Going Anywhere (At Least for Small Banks)

May 18, 2017

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Larger banks will lose the bank branch faster than their smaller counterparts, but overall, the physical bank is going to stick around a while longer.

Big banks are going to lead in “pruning” the branch networks, while smaller financial institutions will focus on using these physical locations to grow consumer presence, according to a report released today by Celent, as part of its Branch Transformation Panel series.

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