Strategic Planning for Bank Operations with Multiple Check-Processing Locations

Samuel G. Davis, George B. Kleindorfer, Gary A. Kochenberger, Edward T. Reutzel and Emmitt W. Brown
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Samuel G. Davis: College of Business Administration, The Pennsylvania State University, University Park, Pennsylvania 16802
George B. Kleindorfer: College of Business Administration, The Pennsylvania State University, University Park, Pennsylvania 16802
Gary A. Kochenberger: School of Business, University of Southern Colorado, Pueblo, Colorado 81001
Edward T. Reutzel: College of Business Administration, The Pennsylvania State University, University Park, Pennsylvania 16802
Emmitt W. Brown: BancOhio National Bank, 770 West Broad Street, Columbus, Ohio 43251

Interfaces, 1986, vol. 16, issue 6, 1-12

Abstract: Partially due to the relaxation of branch banking restraints, US banks are increasing their branch networks. The wider geographical dispersion of bank branches can complicate the check-processing function resulting in the need to determine (1) How many operations centers should be used and where should they be located? (2) Which branches should be served by each center? and (3) What resources should be taken into consideration in evaluating the alternatives? BancOhio National Bank has recently analyzed these issues through the application of CHECKSIM, a check-processing simulation model, and reduced annual direct operating costs by over $1.6 million by relocating their processing facilities.

Keywords: transportation: route selection; financial institutions: banks (search for similar items in EconPapers)
Date: 1986
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