The $317M Alabama-based bank agrees to buy the $47M Farmers State Bank in Georgia.
ATM trade group says technology can now handle most service and sales transactions.
The $188 million Hope Federal Credit Union has officially taken over a former bank branch in a tiny Mississippi town.
The $188M Hope FCU takes over a former bank branch in a Mississippi town with just 1,000 residents.
The $399 million Florida Central Credit Union in Tampa plans to buy a First Federal Bank of Florida branch in Sarasota, Florida Central President/CEO Laida Garcia said last week.
The $399M credit union could potentially gain 600 new members and about $12M in deposits.
Stripped of its veneer, this is a risk management issue, says a Chicago-based financial services attorney.
Do recent survey results - three in 10 Americans have not visited a branch in the past six month - mean the death of branches is rapidly approaching?
Bankers say consumers want both digital services and branches, but research suggests consumers have cooled on brick-and-mortar, especially for transactions.
This Opinion piece looks at digital changes in the brick-and-mortar branch, and the opportunities therein.