Will Smayda
speaker
387 appearances
1 recordings
1 series
first heard Jul 2026
last heard 21 Jul
Will Smayda’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
So we we know a whole lot about a
About a city well before we enter.
And because of the nature of our bank, Denver's a great example.
There were over 200,000 consumer clients already in Denver before we ever opened a branch 10 years ago.
Why?
Because people transition.
They go to school from California into Colorado and remain.
They vacation there and eventually get a second home.
So um when we make
real estate decisions, financial center builds, we know quite a bit about the community.
And often we're just joining the rest of Bank of America in a community.
And frankly, it's what people um, it's what people ask for.
Yeah, I'm gonna answer your first question first and then I'll jump to the bankers.
Um, your first question was a little bit about um how the math works on a financial center.
And I think if you were to back up a decade, each financial center for us and the competition had its own PL, our own our own set of um domiciled clients, let's call it six thousand clients in the neighborhood attached to the
branch whether or not they banked there and if they banked across multiple branches we would domicile them accordingly but we kept the PL really specific the cost of the center and the real estate the people the tech and any any of the incidentals the marketing and um you would manage each of the 6,000 financial centers based on the individual PL and frankly make
individual P L decisions.
Cull the least performing, invest in the highest performing.
I think I alluded to it.
I think we do it a little bit differently now.
Showing 61–80 of 387 · page 4 of 20
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