Blog
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Act On Your Branch Growth Data Plan Before It’s Too Late!
Got recent analytics data to map out your credit union or bank’s growth plan? Read more and learn why taking too much time to act can be a huge detriment to your ability to expand.
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The Network Effect
Have you ever visited a new city and find yourself needing a pick-me-up that only a good cup of coffee will satisfy? As tempting as a local cafe can be, they are an unknown and you don’t want to take a chance and risk a good cup of coffee on a bad mom and pop…
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Red Light… Green Light
Year after year, we all are putting more and more emphasis on care for the environment. Not only that, but consumer behavior shows that what companies support actually matters to Millennials and Zoomers (Gen Z). They don’t want to put their money towards institutions that don’t have values aligning with theirs. The environment is now…
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Hub & Spoke model
Any branch optimization and expansion strategy should have a well-laid out plan regarding Hub & Spoke. A classic and well-known strategy within the retail sector, implementing a Hub & Spoke model has a play within your branch strategy as well. The foundation of a Hub & Spoke strategy is born in the Market Analysis phase,…
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Entering a new market
When assessing growth plans, and following the methodologies outlined in our recent Branch Playbook, you should have a clear understanding of how important data is when making market expansion decisions. A proper Branch Playbook dives deeper into the geographic components that make up Market Analysis. Data de-risks growth decisions, and is a critical element of…
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Data Points the Way
Using data to make informed decisions is nothing new. We’ve seen (or at least heard) the stories of mega e-commerce platforms that know what and precisely when to deliver us ads on things we didn’t even know we needed. Sports leagues use data to determine the value and output of a player beyond what a…
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Crystal Ball 2022: The Full Series
For those who have read the entire series thus far, or for those who may have missed a week, but are looking for a consolidated version, this is the version for you. Below, we present our combined 4-part Crystal Ball 2022 series. Part 1 – Costs Continue to Rise While indicators seem to be pointing…
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Crystal Ball 2022 Pt. 4 | The Branch Strategy Shift from Transactional to Advisory
Last week, we predicted the importance and need for the branch in the year to come. This week, let’s talk about the why and how of it all. Part 4 – The Branch Strategy Shift from Transactional to Advisory The Shift is Happening While it is true that the branch is indeed alive and well,…
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Crystal Ball 2022 Pt. 3 | The Branch Lives
If you’ve missed the previous Parts, you can access them here: Part 1 or Part 2 Part 3 – The Branch Lives Gone are the days of industry commentators preaching “the branch is dead!” and gone are the talks of moving to solely digital platforms (we hope, we think, but probably not). Long live the…
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