Question

1. Why are fewer customers entering local bank branches?(Select all that apply)

Mobile phone apps
Online banking
Due to the sophistication of ATM machines
Limited branch hours


2. What type of business are banks relying on to maintain the “brick-and-mortar” branches.
A. New accounts and loans
B. Account transfers
C. Cash withdrawals
D. Check deposits


3. What is the primary reason a consumer needs to walk into a bank branch?
A. Withdraw funds
B. Make a deposit
C. Open a new account
D. Transfer funds

Answer 1

2.a. new account and loans, 3. b. make a deposit