TITLE

Poor Branch Placement Could Kill Revenues

AUTHOR(S)
Malakian, Anthony
PUB. DATE
January 2008
SOURCE
U.S. Banker;Jan2008, Vol. 118 Issue 1, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers tips that community banks should consider when opening a new branch in the U.S. According to the author, community banks should avoid poor judgment and bidding wars with bigger banks. He mentions that successful community banks need new branches to reach a full level of deposits within three years. He also cites ways to create low-cost plans, including the Federal Deposit Insurance Corp.'s Web site, which provides views on how a community bank's competitors are doing.
ACCESSION #
28027945

 

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