The debate about the future of branches may continue to rage, but one fact is coming into sharp focus: People just arenot going into branches anymore, at least they are nottransacting.
Proof is the latest teller line transaction survey by Financial Management Solutions Inc., which nowdocuments a 45% drop in teller transactions over the lastdecade.
The data is drawn from core systems in community banks andcredit unions. FMSI is an Atlanta-based provider of tellermanagement systems with a client list that it said includes about115 credit unions.
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