When it comes to branch location selection, there’s a lot more to it than scouting out an attractive street corner and scoring a good lease deal. In fact, there’s a whole science behind it, and to make sense of that science, look no further than Steve Reider.

Reider gained experience in branch network strategy while working in the banking world, and he’s now the President of Bancography, a Birmingham, Ala.-based provider of consulting services, software tools and primary marketing research to banks and credit unions to support their branch, product and brand positioning strategies. In this episode of Shared Accounts With CU Times, Reider takes us on a journey through the evolution of the branch, from the opulent banking halls found decades ago in major cities to the small, tech-forward, consultative locations of today. He discusses why physical branches are closely tied to branding and business growth, how the pandemic shaped today’s branch trends and the development of the Bancography Plan tool.

Whether you’re a single-branch credit union or have a nationwide branch network in the hundreds, Reider’s expertise is sure to spark inspiration for your next brick-and-mortar move.

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Natasha Chilingerian

Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.