Tag Archives: Banks

Reconsidering the Branch: Retail Branch Case Study: Pelican State Credit Union – Pineville Branch

Location: Pineville, LA Type: Retail Branch / Teller Pods Owner: Pelican State Credit Union Architect: Labarre Architects, APAC Contractor: Labarre Associates, Inc. Completion Date: 2014 Pelican State Credit Union has committed through an extensive launch of their new prototype branch … Continue reading

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Reconsidering the Branch: Retail Branch

Another type of branch that is being built by banks and credit unions around the country is the “retail” branch.  These are akin to open retail stores, in that a person can walk around and interact with tellers in a … Continue reading

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Reconsidering the Branch: Tellerless Branch Case Study: Campus Federal Credit Union – Our Lady of the Lake Branch

Location: Baton Rouge, LA Type: Tellerless Branch / Interactive Teller Machine Owner: Campus Federal Credit Union Architect: Labarre Architects, APAC Contractor: Milton J. Womack, Inc. Completion Date: 2014 Campus Federal Credit Union has been one company to fully invest in … Continue reading

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Reconsidering the Branch: Tellerless Branch

One type of branch that is currently being put into operation by banks and credit unions around the country is the “tellerless” branch.  These are akin to the self-check-out stations in supermarkets, in that a person can interact with the … Continue reading

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Consider “Where You Want to Be” Before Investing in “Clicks” or “Bricks”

Investments in new mobile technology should be evaluated both incrementally and strategically. Years ago, a reporter thrust a microphone in Wayne Gretsky’s face and breathlessly asked, “Mr. Gretsky, ‘what makes you the greatest hockey player of all time?’”  The “Great … Continue reading

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Strategic Facility Planning Can Radically Transform Your Branch Facility Operating Cost Structure

While line item cost reduction and strategic cost control programs control the “cost” portion of cost per square foot, strategic facility planning creates value through control of the “square feet” portion. Strategic Facility Planning is a process that aligns the … Continue reading

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Strategic Cost Control Programs: An Important Next Step After Budget Reductions

Strategic Cost Control Programs are a targeted and systematic approach to maintaining buildings in a cost-effective manner over the long run.  They may not produce immediate savings, but their implementation will reduce the number of “unexpected,” but predictable, maintenance failures … Continue reading

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Why Facility Cost Cutting at Branches Only Produces Limited Results

Many organizations can have 50 or more budget line items that track facility costs. The Building Owners and Managers Association (BOMA) has developed a simplified cost structure that allows you to aggregate costs in a format that, when combined with … Continue reading

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Credit Union and Bank Trends

Credit Unions and Banks have dramatically altered their perspective on facility investments over the past three years.  Banks have found that acquisitions are often the best route to growth and credit unions have found that purchasing and renovating existing facilities … Continue reading

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