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What we need to know about Pod Branches

Answered by: 

Question: 
What are the considerations one should review in designing a Pod Branch?
Answer: 

Staff involved with building or remodeling a pod branch should be focused on the major reason for its construction. The questions that should be asked is it to increase deposits, loans, or handle investments. A subset of questions revolves around the community where it is being constructed is this primarily baby boomers, millennials’, generations x or z. Many institutions build a pod branch just to modernize resulting in missing the concepts from above and allowing the competition to build market share.

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Learn more about Barry Thompson’s,

Cash Recyclers, Pod Banking and ITM’s webinar.

First published on 04/23/2023

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