To start things off, let me say this: Appearances matter. A bank’s interior is responsible for a lot, including giving a first impression to customers, members and visitors.

And we all know how important first impressions can be.  

The overall appearance of a financial institution is a display of your culture, and it can help attract and keep your best employees. All of this is to say that yes, incorporating interior design trends into your bank is important, but is it most important?

Financial Industry Trends: Aesthetics Vs. Function

While a strong aesthetic is important, I’ve found time and time again that functionality is what keeps people coming back to a bank. Whether we are looking at banking today or banking 30 years ago, one thing remains the same – it’s an experience. And when a customer realizes they need to swing by the bank, they’re going to remember their last experience there.

  • Was the flow of the lobby smooth and intuitive or was it confusing and messy?
  • Was it immediately clear where they needed to go to get their needs met?
  • Were they met by welcoming, patient employees or employees who were obviously rushed and overwhelmed?
  • Was the workstation, transaction station or office they were helped at conducive to efficient customer interaction?

All of these elements have a massive impact on the customer experience, and they have little to nothing to do with a bank’s color scheme or furniture choices. But they have a whole lot to do with floor plans.

Understanding Bank Floor Plans

Bank floor plans set the stage for the experience customers will have when they visit. They help determine how the flow of visitor traffic will operate, as well how and where employees will be positioned to assist customers.

Floor plan requirements must take into account how a bank location will function, as well as any legal requirements based on geographic location or business type. 

Commercial Bank Floor Plans

During floor plan planning, commercial banks must consider how they intend to conduct business with their clients.

  • What experience do they wish to provide?
  • What level of comfort and privacy will their clients prefer?
  • How much private meeting space would they like to have?

These are all good questions to ask. A floor plan can help a commercial bank as they conduct business, but a poorly planned one can be a hindrance. 

Branch Bank Floor Plans

Non-commercial banks, or community banks, cater to a different clientele. As a result, their floor plan considerations are somewhat different from commercial banks. Branch customers favor things like ease, comfort and efficiency. They hold a strong preference for private meeting areas to discuss non-transactional bank services, like home mortgages and personal loans.

In order to cater to the needs of customers, branches much consider the experience they wish to provide when choosing a floor plan. Oftentimes, a simple bank floor with a few intentional tweaks is all it takes to set a branch up for successful functionality. 

Functional Financial Industry Trends

Even with an upfront focus on functionality, banks and credit unions can still be on trend. In fact, current financial industry trends promote functionality by focusing on things like layout and industry-specific technology.

For starters, a bank’s floor plan should revolve around the intended customer and employee flow of the space, which is heavily influenced by technology choices. There are tried-and-true functionality choices that enable a workflow beyond what owners believe is possible.

Interior Design Trends and Banking

In terms of bank interior design, there is plenty to consider. With the branch’s functionality and floor plan determined, it’s all about finding the right balance of interior design trends to represent your brand and your culture.

Design elements like furniture selection, fixture design, artwork, flooring, merchandising displays, video walls, logo walls and branding elements are all important and deserving of thoughtful selection.

All these elements combined will fill your space with a stylish, on-trend aesthetic that separates you from your competition with an honest and welcoming representation of your brand and your culture. And while your customers won’t know all the work and intention that went into designing the best operational flow of this space, they will be able to feel it.

Bank design begins with your vision. Get Your Workbook

Published on July 21, 2020

Topics: Bank Architects

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