Tuesday, March 6, 2018
Banks Double Down on Branch Cutbacks
I see this continuing for some time, it could all turn around if cyber security of banks get a lot worse. I know of many folks in the above 50 age group that still prefer a brick and mortar place to go and do your banking. If I visit an actual bank more than once a month that is a lot. I do use a bank at my Walmart a bit, but once again it is for banking of an older person in our home. It will all depend on how cyber threats evolve, in most cases now, I advise clients, that they are facing the same level of security problem in the brick and mortar bank, since it goes cyber with in seconds.