The phrase identifies a particular monetary establishment working together with a significant retail company inside a selected geographic location. It suggests a possible partnership or the presence of banking companies inside the retail atmosphere. As an illustration, a department location or ATM of a regional banking entity may be located inside a well known big-box retailer.
This kind of association can provide elevated comfort for purchasers of each institutions. People can handle their monetary transactions whereas finishing buying errands. Traditionally, such collaborations have aimed to reinforce buyer accessibility to banking companies and broaden the shopper base for the monetary entity. The combination may also create operational efficiencies.
