Retail branch delivery systems have been changing dramatically over the past few years. Internet banking, in-store financial centers, ATMs and other changes have greatly increased the efficiency of retail service delivery. Your existing branch network may not be the most effective way to deliver branch services in today's market.
We can be of tremendous help in increasing the value of your franchise. Our focus is restructuring the branch network through the sale, acquisition, or consolidation of retail branches in conjunction with other delivery systems. Results include:
Improved profitability
Optimum operating efficiency
Improved funding characteristics
Increased market penetration in desirable markets
Reduced market concentration in undesirable markets
Gain-on-sale
BRANCH RESTRUCTURING PROCESS
The primary steps to maximize the value of a retail branch franchise are:
Strategic Assessment - We work with the each institution to determine the primary strategic objective and to determine the most effective means to the achieve that objective.
Estimated Impact - Prior to commencing our restructuring process we will provide you an estimated impact of any proposed system changes.
Pre-Restructure Review - Prior to the restructuring campaign, we will work with the institution to analyze, audit and review several key areas, including the account base, the real estate, funding alternatives, timeframes, systems, and other key areas.
Marketing - If the restructuring campaign calls for facility changes, we start the process by assessing the assets, the facility, and market alternatives to achieve the highest possible value. We then package the assets in the manner that will achieve that maximum value. We solicit interest in the assets from institutions nationwide with specific focus on "best fit" clients. We expend a considerable amount on those clients expressing an initial interest in the asset using a more detailed information package. We follow up with a very strong marketing effort to achieve the highest possible price.
Offers - We present all offers with our recommendation for your review and analysis.
Due Diligence - After receiving an acceptable offer, we coordinate with the winning party for a final due diligence review.
Contract Approvals - Upon acceptance of an offer, we will work with both sides to expedite the contract negotiations and approval processes.
Close - We also assist with the closing and transfer process to ensure everything goes smoothly.
If you have not reviewed your network recently, please consider an independent analysis of your branch system's profitability. We will provide an independent assessment of the profitability of each branch along with initial recommendations for system improvement at a very nominal cost.
If you are considering restructuring the branch network, please contact us to see how we can be of benefit.
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