SmallCap Posted July 8, 2016 Share Posted July 8, 2016 In my small town of Holland Michigan we have a plethora of bank and credit union branches sprinkled throughout the city but what surprises me is that this last year they have built 3 new ones. I don't understand why they are building more bricks and mortar branches. Some of these branches are from banks that have other branches within 5 miles. Personally I almost never go to a bank branch, haven't for many years and I just don't understand who exactly uses the branches and why banks need all these branches. Does it seem to anyone else that the branches per capita ratio has grown dramatically over the last 20 years? here is someone saying that trend is coming to an end. https://www.linkedin.com/pulse/future-retail-banking-thorsten-linz?trk=eml-b2_content_ecosystem_digest-hero-14-null&midToken=AQET-U9lvg_BlA&fromEmail=fromEmail&ut=11HRySb09zl7k1 what does this mean for everything from small town banks that Nate talks about all the way up to BOA? Link to comment Share on other sites More sharing options...
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