Thursday, February 8, 2018

Community bankers fear big-bank cafes will eat their lunch

Capital One has been opening coffee shops that offer banking services but are not considered branches. Bank of America has an similar effort underway. Those moves put more pressure on community banks at a time when low-cost deposits are becoming more important.

from American Banker: Feed http://www.americanbanker.com/news/community-bankers-fear-big-bank-cafes-will-eat-their-lunch

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