Branch Cash Management Software + Devices = Successful Branch Transformation

Mar 28, 2019

When people think about branch transformation, they think of the addition of new technology, devices, but often fail to think about software. In this blog, I will discuss three reasons institutions should consider a branch cash management software in their overall branch transformation strategy.

What is the Impact of Disclosure with Deposit Reclassification?

Deposit Reclassification

Dec 20, 2018

Due to recent incidents and ongoing problems, financial institutions are often intimidated by the impact on disclosure. However, most financial institutions’ terms and conditions require notification to current customers about any changes to their account, including the reclassifying of funds into savings and checking sub-accounts, also known as Deposit Reclassification

Four Places Your Branch May be Stockpiling Excess Cash

Cash Management

Oct 11, 2018

As financial institutions continue to go through branch transformations and add new devices to improve their customer experience, it's important to review all cash end points and update branch cash management and ordering processes to grow, adapt and avoid excess cash.

Why Deposit Reclassification is Important to Financial Institutions

Deposit Reclassification | Retail Sweep Program | Federal Reserve Balance

Aug 2, 2018

Deposit Reclassification is important to community banks and credit unions, especially in a rising interest rate market, because it allows them to reclaim your Federal Reserve balance, and invest that money into your institution and community.

Top 5 Mistakes of Branch Transformation

Branch Transformation

May 17, 2018

With fintechs chipping away at financial institutions’ business, and with consumers wanting a more efficient banking experience, banks and credit unions are feeling the heat. Many banks are rushing into branch transformation strategies without properly laying the foundations for change.

5 Warning Signs of Poor Branch Cash Management

Cash Management

Mar 15, 2018

Most retail operations and branch managers at banks and credit unions believe that they are doing a good job with their cash management, but are they?