The Evolution of Temporary Bank Buildings

In the past trailers were a staple in the banking industry, bank trailers had been placed in regional markets in which banks were considering opening full branches in. The bank would set up a trailer at an intersection and observe the amount of clients it drew. In the event the temporary branch attracted well and the market was strong the bank would establish a permanent branch, if on the other hand the market turned out to be soft the bank would shut down the trailer and move it a few miles up the road and commence the process over again.

Now of course this is not often the scenario as full bank branches appear on virtually every corner, occasionally a couple of branches are located on a single corner and they are all battling for real estate space around the intersection with pharmacies and gas stations. Together with free-standing offices, banks are setting up shop in supermarkets and in shopping mall kiosks. In addition you will find Automatic Teller Machines (ATM’s) installed inside of pharmacies, gas stations, and restaurants.

Although you don’t see as a lot of bank trailers out there any longer they are still out there performing an important service. Additionally, bank trailers aren’t the tiny dark converted mobile homes a number of us recall visiting with our families to set up and account and get a free toaster. Today, temporary bank buildings are purpose constructed modular structures beginning with a heavy-duty 12″ reinforced frame to transport all the extra equipment needed in a bank – like a safe for instance. Current modular bank buildings are built to meet the commercial codes in the region where it’s placed, be it snow loads in the north or wind loads from the south.

Inside today’s temporary bank building you will discover bright finishes on heavy-duty materials suitable for commercial use. On the well-insulated ceilings you will find bright lighting, large insulated windows, commercial glass doors, full restrooms and break areas for bank staff. Furthermore the building comes fully furnished with teller windows, drop boxes, and cash drawers.

While typically you no longer find the temporary bank buildings used for assessing markets anymore, banking institutions will rent them to use as swing space during bank branch renovations. Contractors can upgrade or re brand a bank branch much faster and safer if they don’t have to work around bank customers and employees. Modular bank buildings also make ideal branches on military bases and in remote areas such as the man camps now developing in North Dakota, temporary banks are also found at large events like the Olympics or at auto malls during sale periods.

Temporary modular buildings found in other types of commercial applications are generally re purposed while they travel from site to site and market to market however, temporary buildings found in the financial markets as well as healthcare institutions are extremely specialized and consequently purpose-built. Since these are purpose-built occasionally the availability might be limited, especially in the wake of a catastrophe when banks have to get their branch open and accessible. As a result of the nature of these buildings and their possible availability it is wise for banking institutions to have a Disaster Recovery agreement in place with a temporary modular bank provider so they can be assured of having a high quality temporary bank building available in the case of a bank branch sustaining significant damage, and being unable to service the impacted customers.

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Ashok is a Banking tips author of several publications of Business & Marketing and experiences in life. he is a regular contributor to online article sites on the topics of Finance allover the world.

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