Sep 19, 2024 | Press Release

COCC and AccuBranch Execute Partnership for Enhanced Branch Network Solutions to Improve Branch Efficiency and Positioning

COCC is thrilled to announce its strategic partnership with AccuBranch, a consulting firm specializing in data-driven location and market optimization. This collaboration is designed to enhance branch efficiency and positioning for community financial institutions. AccuBranch’s expertise in market analysis and site identification provides banks and credit unions with precise, actionable data to enhance their competitive edge by streamlining branch network strategies.

Clients will gain expert access to robust market analysis, customer mapping, and site identification services. This will enable community financial institutions to make informed decisions on branch locations, ensuring they are positioned optimally within their markets.

How AccuBranch Optimizes Strategy

Comprehensive Market Analysis and Site Identification: Provides detailed assessments of market conditions, site feasibility, traffic patterns, and competitive analysis to identify and validate optimal branch locations.

Customer and Demographic Insights: Utilizing advanced customer mapping techniques and in-depth demographic studies, AccuBranch helps understand customer behavior and community needs, ensuring branch locations are strategically tailored to serve target markets effectively.

Growing Deposits: Identifies segments of consumers necessary to specifically target market to grow market share and deposits in existing or new markets.

Branch Network Optimization: Strategies to streamline and optimize the overall branch network, including market potential assessments and performance monitoring, to enhance operational efficiency and maximize customer reach.

Continuous Improvement and Performance Monitoring: Ongoing evaluation and feedback mechanisms to ensure continuous optimization of branch locations (of all types), maintaining high standards of operational efficiency and market positioning.

This partnership underscores COCC’s commitment to delivering innovative partnerships and technology that empower clients to succeed in an increasingly competitive market.

About AccuBranch

AccuBranch uses DATA to form an actionable STRATEGY to drive your GROWTH! Celebrating our 15^th Anniversary, AccuBranch has worked with over 200 community banks and credit unions from Maine to Texas – resulting in an extensive amount of experience to assist you in optimizing your branch network.

About COCC

As an industry-leading fintech provider, COCC delivers innovative, comprehensive technology solutions and strategic partnerships with an unparalleled focus on service. Offering a robust, feature-rich suite of modern, standards-based core and digital banking solutions, COCC’s cutting-edge systems are designed with intuitive user interfaces and are fortified by advanced APIs which seamlessly facilitate leading fintech integrations. Consistently ready to adopt and embrace emerging technologies, COCC remains agile and forward-thinking, meeting the demands of a rapidly evolving financial landscape where live real-time functionality matters. COCC is forever dedicated to assisting community banks and credit unions with remaining strong and competitive by providing the technology, support, and expertise needed to succeed. To learn more, visit www.cocc.com.

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