Often enough, financial institutions have a “sense” of a new branch site but need additional information to make a final decision. The Branch Snapshot is designed for these instances. The Branch Snapshot provides a compilation of crucial data for a trade area surrounding a site identified by the institution.
The Branch Snapshot culminates in an estimate of the deposit and loan balances that could be generated by a branch located on the selected site. The information used in the analysis includes key measures of:
- Population, Growth, Income, Home Values
- Business Data
- Businesses by Type, Employment by Type
- Deposits, Growth, Market Share Leaders