Redmond Financial Consulting & Brokerage Services - Catalog - Page 9
Branch Network Evaluation
KEY OBJECTIVE: What is the potential for each of your branches to add positively to the financial
performance of your organization?
With a Network Evaluation, The Redmond Company provides a full review of all of your branches to assess the
value of the real estate, review the demographics of the neighborhood, analyze the proximity to your clients
and the area’s retail synergy, and determine the branches’ future growth potential.
From this data, we will make recommendations on which facilities should remain open, relocate, consolidate, or be closed.
Facility Performance Indicators
Redmond will
research
Location Potential
Current and future potential competitor type, proximity, and count
Convenience of Branches
Convenience of branch within market and in relationship to desired
residential and/or commercial client base and target client demographics
Site Logistics
Logistics related to and surrounding the site
Building Assessment
Building condition, value, appeal and building layout
Requires
Client
Input
Retail Synergy
Review of neighboring retail synergy and presence
Redmond will make
branch
recommendations
accordingly:
•
•
•
•
Remain open
Relocate
Consolidate
Close location
Management and Staff Effectiveness
Pricing of products and services
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