MUSINGS ON MARKETING & MESSAGING IN THE BRANCH
Via the NYT Freakonomics blog, we’ve stumbled onto a video by that attempts to answer the question: “why do people use check cashing places, instead of banks?” Be forewarned, this video has some colorful language. But it is highly entertaining and actually provides a brief glimpse into the reality of the so-called “unbanked.”
Will the U.S. have fewer or more bank branches in the future? The great debate over the future of branches is far from over. As Katie Kuehner-Hebert points out in the American Banker article “More or Less: Branches’ Role After the Meltdown” (reg. req’d):
The predictions vary widely — from roughly 10,000 closings to more than [...]
Twitter