Typically branches exceed 3,500 square feet. Space is wasted on under utilized Teller lines, oversized lobbies and vacant offices that are only occasionally used by Investment or Small Business partners.
Locating smaller, cost effective space within the same market can be challenging, particularly when you have to align location changes with expiring leases. Entering new markets can be equally difficult when using the existing formats and lease terms that could lock you into a location for 20+years.
And what about branding? All branches look the same. The only differentiator is external signage, which is regulated by the city.
The traditional branch building timeline is anywhere from 17 to 24 months depending on internal process, city permitting and site construction.
We also understand that markets shift but this solution means you aren’t locked into a long term location. If the location isn’t working, you can move the branch. Whether it is a new location or repositioning into a smaller branch we do all the heavy lifting including: analytics, site selection, technology and build, all for one price.