Branch, the challenger bank that partners with employers to help workers grow financially, announced findings from its second annual Branch Report, a look at the financial, work, and lifestyle interests of today’s hourly workers.
In surveying over 3,000 hourly employees across a variety of sectors including food service, retail, and healthcare, the report reveals how much of their priorities and concerns have changed because of COVID-19.
Branch is the only challenger bank that partners with employers to help Americans grow financially. Employers turn to Branch to reduce the costs of paper checks and paycards by offering Branch as a free financial wellness benefit and banking alternative.
Employees that sign up with Branch can receive a zero-fee bank account, debit card, free instant access to earned wages, tips, and mileage, and auto-budgeting tools to help them manage their cash flow between paychecks.
Branch has partnered with some of the nation’s largest employers and is adding new employers daily in retail, restaurant, logistics, manufacturing, and healthcare.