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Underperforming Branches FMSI Article Published in BAI Banking Strategies



By Meredith Deen
March 3, 2015

BAI Banking Strategies Article: Culling the Network of Underperforming Branches

"What to do about low-volume branches, or LVBs, which weigh down the profitability of nearly every financial institution?

 
We define these underperformers as branches that process fewer than 3,000 transactions per month. As documented in FMSI’s 2014 Low Transaction Volume Branch Study, LVBs account for 25% of most retail branch networks, yet they constitute only 8% of total transaction volumes. Adding urgency to the situation, their numbers of such low-volume branches are increasing, by 3%, compared to the same study we conducted in 2011."

Read the full article here.