Young Consumers Need Bank Branches

Adults under 30 are less likely avoid bank branches than older consumers, and aren’t as interested in opening accounts online.

Statistics and technology innovation all point to the demise of bank branches. Teller transactions have been declining for years. People don’t have as many paper checks to deposit as they do in the past. And a large segment of bank and credit union customers –25% to 35% — only interacts with their bank via virtual channels.

Read more at Financial Brand

Young Consumers Need Bank Branches

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