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Bank branch consolidations an industry evolution

Some larger Wisconsin banks are merging some of their local branches, though that doesn't mean fewer offices in Door and Kewaunee Counties.  Tim Treml, President, and CEO of the Bank of Luxemburg, believes it's part of a banking industry evolution. Green Bay-based Associated Bank, announced last week the consolidation of 14 branch offices statewide by mid-December.  Treml says even as mergers, online, and mobile banking become common many financial institutions are still committed to community banking.

 

 

 

Treml says his customers make use of online and mobile banking but person to person contact is desired for major financial needs.

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