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Mortgage Broker News | 01 May 2013, 12:00 AM Agree 0
The Bank of Montreal is testing so-called micro branches in high-density urban areas, with a small staff able to provide mortgages among other services -- an old idea that may skirt concerns about the banks.
  • The broker's broker | 01 May 2013, 09:48 AM Agree 0
    TD did in it in the mid '90s when they put sub branches in Walmart stores.. but just ask any of the Td staff how much they enjoyed working with a Walmart crowd... not exactly the type of clients they were looking for... not a success story..

    Once an advisor becomes experienced and competent, they either move up the ranks and out of retail branches or they move out of the banks altogether...

    That's just a natural progression..
  • Margaret Shinners Mortgage Managers | 01 May 2013, 09:55 AM Agree 0
    It was only a few years ago that BMO was closing all their retail spaces that they had in local grocery stores in the Halifax, N.S. area. I guess they had a change of heart. I wonder what has change?
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