Business Matters

Business Matters: The Future of Retail Banking  |  April 22, 2019

Retail banking faces a period of uncertainty. Just last week, Minneapolis-based U.S. Bancorp announced it could close up to 450 U.S. Bank branches or up to 15 percent of its more than 3,000 branches in the coming years. We don’t know yet which branches will be affected. U.S. Bank has branches in Brooklyn Park, Robbinsdale and Plymouth. It also has branches inside Lunds & Byerlys stores in Golden Valley and in Maple Grove. The closures come as more customers shift to online and mobile banking. University of Minnesota Carlson School of… Read More