Please complete the following form to download your complimentary copy of "Evaluating Branch Locations: A Network Optimization Approach" (privacy policy)
Please complete the following form to download your complimentary copy of "Evaluating Branch Locations: A Network Optimization Approach" (privacy policy)
Read this eBook to:
- Discover how you can increase deposits and loan revenue from your branch network
- See how the location of a new branch impacts the performance of the branch network
- View maps, tables and graphs showing output from the network optimization model
In order to safely move forward on a new branch location suggested by a board member, an $8 billion bank asked Mapping Analytics to model the expected performance. The model revealed the prospective location offered ample deposit potential.
However, a previously unconsidered site located only 3 minutes down the road offered 40% more in deposit potential, caused less cannibalization on other branches in the network, and carried a total net deposit increase $14 million higher than the original location being tested.