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Considerations When Contemplating a Branch Consolidation and/or Closure Initiative | Troutman Pepper


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Prior to the COVID-19 pandemic, many combined factors pushed the banking industry toward consolidation, greater efficiency, and in many instances, smaller branch footprints. When COVID-19 forced banks to close branch lobbies during the spring and summer of 2020, many banks immediately increased investments in online and mobile channels and were forced to reduce reliance on physical branch networks. Banks saw significant improvements in online and mobile banking adoption, including among first-time users and older customers. Branch closures and consolidations accelerated shortly thereafter.
We expect banks of all sizes to continue to consider potential branch closures during 2021. Before implementing a branch consolidation and/or closure initiative, your institution should consider the following: ....

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Recommendations-The President's Commission on Law Enforcement – Law Officer


Highlights
A summary of recommended improvements for law enforcement and the justice system from the President’s Commission on Law Enforcement and the Administration of Justice.
The members were joined by more than 150 working group members, hundreds of subject matter experts, and a group of federal program managers.
Article
In the last days of the Trump administration, Attorney General William Barr released the final report on the President’s Commission on Law Enforcement and the Administration of Justice.
I’ve been in the justice system long enough to understand that the incoming administration will, in all probability, ignore the report. That would be a mistake; there are recommendations worthy of consideration. ....

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