U.S. | The future of branches
Published on Thursday, August 18, 2016 | Updated on Friday, August 19, 2016
U.S. | The future of branches
Branches are still relevant for acquiring deposits and delivering retail products and services. The national network of branches is close to optimal, thus the marginal returns from adding new branches are small. The decrease in the number of branches relative to real deposits and population since 2007 reflects less branch-intensive banking, which is likely to continue