Branch network

Some analysts are suggesting Wells Fargo should start closing branches, in order to move beyond the phony-accounts scandal, make up for an expected drop in fee income from reduced cross-selling — and position itself for a digital future.

The storm claimed at least 33 lives, though credit unions appear to have not suffered much — if any — significant damage.

Several southeastern CUs have already closed or are planning closures as the storm approaches.

Banks are expected to spend more on technology in the coming year, with the cash earmarked for things like upgrading mobile apps and adding self-service tech in branches.

An unusual investment by the Minneapolis company shows how big banks are developing innovative partnerships to deliver financial services in low-income neighborhoods.

Fifth Third Bancorp said Tuesday that it plans to close 44 branches, a cost-cutting move that follows its recent shutdown of more than 100 branches.

Teller-less branches at SafeWay stores helped Boeing Employees Credit Union boost membership by nearly 50% between 2009 and 2015.

Credit unions in Florida, Georgia and the Carolinas closed branches as a precaution, but no reports of major damage.

Banks in cities such as Seattle and New York are getting creative with branching, adding some that are smaller than modest apartments.

More than a dozen CUs closed or partially closed as state grapples with floods.