The local bank branch may still have more relevance than people think: a new study suggests many people not open a checking account with a local financial institution due to limited branch and ATM locations.
A Connecticut woman is headed to prison for her role in a monthlong crime spree in New Jersey and Pennsylvania, including an attempted bank robbery in which she and another woman dressed as nuns.
As the “convenience is king” retail paradigm continues to influence banking, we are seeing the emergence of a new technology and additional delivery channel that could greatly expand the possibilities of the humble ATM.
Despite banks’ nudging toward online tools, many U.S. customers are not ready to give up regular visits to their nearest branch, complicating the industry’s efforts to slim down.
