what is branch banking system
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Branch banking is engaging in banking activities such as accepting deposits or making loans at facilities away from a bank's home office. Branch banking has gone through significant changes since the 1980s in response to a more competitive nationwide financial services market.
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a brokerage firm) offers a wide array of face-to-face and automated services to its customers.
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Branch banking is the operation of storefront locations away from the institution's home office for the convenience of customers. Since the 1980s, branch banking in the U.S. has gone through significant changes in response to a more competitive and consolidated financial services market.
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