Latest Breaking News On - கில்ஃபோர்ட் சேமிப்பு வங்கி - Page 2 : comparemela.com
By Michelle Tuccitto Sullo
The coronavirus pandemic has fast-tracked banking habits and trends that many in the financial industry thought would be years away.
Customers who only wanted to do their transactions at branches have over the last year increasingly tried digital tools for the first time, and learned they prefer them.
A decline in in-person transactions means less need for brick-and-mortar branches. While New Haven area bankers don’t foresee branches disappearing entirely, they do think more will close, and the ones that remain will likely be further apart and have a different focus, such as for consultations on big financial decisions like retirement planning, homebuying or taking out a business loan.
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Published February 22. 2021 1:30AM
Luther Turmelle, New Haven Register
Connecticut is losing bank branches at a faster rate than the rest of the country.
And while customers are using online and mobile apps more and more to do their banking business, at least one industry analyst doesn t see physical locations disappearing entirely.
Over the last decade, the number of bank branches in the state has dropped by 201 locations, for an overall closure rate of 16 percent, according to John Carusone, president of the Bank Analysis Center, a Hartford-based industry consulting firm. The national closure rate over the same period was 6 percent, Carusone said.
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Next window, please: CT losing bank branches at more than twice the national rate
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A Webster Bank branch at 975 S. Main St. in Cheshire, Feb. 18, 2021. In late December 2020, Webster Bank announced it was closing 16 branches in the state, including offices in Cheshire, Bethany and Hamden.Peter Hvizdak / Hearst Connecticut Media
Connecticut is losing bank branches at a faster rate than the rest of the country.
And while customers are using online and mobile apps more and more to do their banking business, at least one industry analyst doesn’t see physical locations disappearing entirely.
Over the last decade, the number of bank branches in the state has dropped by 201 locations, for an overall closure rate of 16 percent, according to John Carusone, president of the Bank Analysis Center, a Hartford-based industry consulting firm. The national closure rate over the same period was 6 percent, Carusone said.
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