U.S. Banks With the Most Branches

U.S. Banks With the Most Branches

Bank branches have gotten a bad name over the past few years, as the growth of online and mobile banking apps have made it possible for consumers to deposit checks, transfer money, and check their account balances from the comfort of their homes. Yet, according to a recent survey, 44% of respondents still identify branches as the most preferred channel for standard banking transactions.

"As with other services in their lives, consumers want financial services on demand and on their terms," write the authors of fiserv's Dec. 2016 study. "Although those terms often mean always-on access through digital channels, the branch remains surprisingly resilient in terms of consumer preference and access."

Who said digital and branch banking can't co-exist? Image source: Bank of America.

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Source: Fool.com