remove the guesswork from your branch expansion strategy
- 40% of new branches fail to hit deposit goals in their first year, largely due to poor location.
- Our sister company, Accubranch, provides financial real estate expertise and decades of experience.
- Accubranch can significantly lower the risk factor in your branch expansion strategy.
- Branch location is crucial. Never leave it to chance.
strategic planning & analysis finds prime branch locations
Accubranch applies a rigorous, time-tested process to find prime branch locations for community banks and credit unions. The following is a brief explanation of their services:
Create visualizations and obtain key metrics for banking nodes within the trade area targeted.
Each trade area is ranked against the mean, for both the client and their competitors.
Determine whether or not the target market can accommodate a new branch or branches.
Analyze and identify dominant socio-economic and demographic characteristics within the trade area.
Perform an on-the-ground analysis of selected locations to determine their true potential as a new branch site.
Identify, filter and rank potential sites based on the client's unique specifications.
Present the sites to the client, along with Accubranch's recommendations.
Conduct Deposit Estimators to produce detailed projected consumer deposits for the branch's first five years.
Use this information to calculate return on investment for the branch.
An established track record of accurately predicting deposit goals using their tried and tested method.
lease or purchase property
Conduct negotiations with property owners in absolute confidence to protect the identity of the client.
Consult with the client throughout the entire process, and keep their status anonymous for as long as possible.
Prepare all required documents and obtain the necessary permits from local and state regulatory agencies.
Represent the client at town meetings, using a refined approach based on decades of real estate experience.
Accubranch provides trusted advice and guidance to community banks and credit unions through every aspect of branch network expansion and optimization. Their team has decades of experience navigating the negotiation and purchase/lease processes. They represent clients at town meetings and have expert knowledge of commercial land use permitting. If a community bank or credit union needs a comprehensive branch network optimization, Accubranch can deliver a complete location intelligence study. They have the experience and ability to execute all recommendations.
Accubranch are always diligent in their confidentiality and would never jeopardize a client's business plan by making it public knowledge.