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Podcast: The CU2.0 Podcast
Episode: CU 2.0 Podcast Episode 341 Steven Reider of Bancography on How to Really Analyze Branch Closings, Openings and Mergers
Description: Send us Fan MailHere’s the money question for you to ponder: : should you close that branch on Third Street and open a new branch in a neighboring town? Keep in mind that the ballpark cost of opening a new branch is $2.5 million. As for costs in a branch closure there always are some and there also may be remember losses. How to do the math?Meet Steven Reider, president of Bancography - that’s the company that won best in show at Finovate fall 2024 for its Bancography Plan software tool that helps a credit...