Opportunities and Optimism in Banking

In this episode of the Believe in Banking podcast, Gina and Juliet discuss opportunities and optimism in the banking industry. Following years of retail closures and predictions about the death of the branch, the reality in 2024 is that not only is the bank branch not dead, but in just the last year, the U.S. added more net new branches for the first time in a decade. Branches are just one of the ways banks are seizing opportunities for growth, but there are many reasons for optimism in banking. Positive economic news, good business prospects and an improved rate environment have buoyed banking this year. Nearly 9 out of 10 Americans with a bank account report they’re ‘very satisfied’ or ‘satisfied’ with their primary bank and the rate environment is improving prospects for banks and consumers, alike. On the opportunity front, M&A continues to drive momentum in the banking sector, with expectations high for continued expansion, both in the short- and long-term. From ways that consumers engage with banking brands and in branches, Gina and Juliet have a lively conversation about the rich opportunities for financial institutions, especially for community banks and credit unions who are priming their organizations for growth.

This podcast is hosted by ZenCast.fm