Answer: 87%

Questions:

• How would you have answered this question? Explain your answer. 
• What was the percent of students in your class who expect to go to a bank branch? How does it compare with the results for 18-24 year olds? 
• If you have been to a bank branch recently, what did you do there? 
• What do you think the bank branch of the future (5-10 years from now) might look like? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Accenture Consumer Retail Banking Study, 2017)

Here's what consumers hope to accomplish when they go to a bank branch:

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You may still want to go to bank branches, but we know your students will also use online banking too! Check out our updated online bank simulation here! 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.