Branchless footprint expansion is an accelerating trend in the down economy, particularly for community institutions that are using remote deposit capture to play much larger with less brick-and-mortar overhead.

First State Bank in Central Texas, for example, recently deployed a solution from Goldleaf called Remote Deposit Express with the aim of reducing costs associated with business deposits. Cassanda Wiggins, svp of treasury management, says growing the deposit base beyond the $200 million bank’s five-branch central Texas footprint with minimal expense drove the deployment, as did soft benefits such as cementing relationships between the bank and its commercial customers.

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