<img height="1" width="1" src="https://www.facebook.com/tr?id=820791394708431&amp;ev=PageView &amp;noscript=1">
Skip to the main content.

Ready to explore?

Come see the latest innovations, strategies, designs and technologies through hands-on experience.

Mural

Featured Projects

Nav-Vantage
Vantage West CU
Nav-Kinective
Kinective
Nav-Chambers
Chambers Bank
Nav-GECU
GECU

Banking Blog

Everything transformation lives here. From designing and building a new space to adding digital signage to adopting Universal Associates, you’ll find tips and tricks for it all.

Blog-Banking-2

Healthcare Blog

An elevated healthcare environment starts with an educated leadership team. This blog gives all the insights, from design-build to experiential marketing solutions.

Blog-Healthcare-2

Resource Library

1-Guides
Guides
2-Webinars
Webinars
3-Videos
Videos
4-Infographics
Infographics
5-Case-Studies
Case Studies
6-Reports
Reports
7-Tools
EBOOKS
   

Let's Talk

If you’re ready to get started with your next project and think DBSI may be a good partner, we should chat.

Careers

We are always looking to add talented, forward-thinking innovators to our team. If that sounds like you, you should apply for a role with us.

Sign Up For Our Newsletter

We are always looking to add talented, forward-thinking innovators to our team. If that sounds like you, you should apply for a role with us.

Desert-Purple-Back-2

1 min read

By the Numbers: What's the Real Cost of Branch Transformation?

By the Numbers: What's the Real Cost of Branch Transformation?

As a banker, you're no stranger to crunching numbers. You know the banking industry like the back of your hand, your day-to-day revolves around money... so figuring out the final cost of your Branch Transformation project should be simple, right? COST

Not quite. With all the elements that go into a Branch Transformation, it's tough to truly know what to realistically budget for your project to achieve the transformation you want.

In our last blog, we outlined how to quickly get to a recommended budget based on like projects using four key considerations (scope, size, net new/relocation, and level of finish) — but naturally, with projects of this size, we want to know what to expect before we start. How long does a typical transformation take — and what does it cost?

To get you started, here's where the industry is averaging for timelines and costs.  Now, of course these can be shorter, longer, cheaper, or more expensive based on your unique circumstance, but this should give you a great standard for planning purposes.

transformation ranges

These ranges create a great baseline for your budget... but visualizing the end result through numbers can be challenging. In cases like these, we look to the market for inspiration.  Using the levels of finish as our guide (low, medium, high and HQ), we've chosen four real examples of recent projects to help you get an idea of what it costs to transform, what's included, and what outcomes can be achieved with each level of spend. 

 ALL-IN COST: LOW LEVEL OF FINISH

New Gallery 2018/8/16
1 of 4
 

ALL-IN COST: MEDIUM LEVEL OF FINISH

 

ALL-IN COST: HIGH LEVEL OF FINISH

 

ALL-IN COST: HEADQUARTERS

New Gallery 2018/8/16
1 of 4
 

Inspired to start budgeting yet? We don't blame you! But why just read about creating your budget when you can shorten the entire process and kickstart your Branch Transformation efforts in one day?

You're invited to join us in Chandler, AZ for a visit to our Ideation Center (also known as the "Banker's Playground") — the only place where you and members of your executive team can get a hands-on look at so many branch transformation strategies in one place.

ic

Ready to see what your Branch of the Future could be? We've got a seat with your name on it! Click here to learn more about visiting the Ideation Center.