In the bank's profit announcement yesterday, managing director Mike Hirst portrayed Bendigo and Adelaide as having ample capital to pursue organic growth and consider strategic acquisitions.For now, nothing major rated a mention, with Hirst conceding that discussions were in hand with one or more credit unions to build on the "Alliance bank" model for former credit unions minted in 2015.At least one, very small, proposal may be in the wings, which neither the NSW regional credit union nor the bank have confirmed.Hirst also signalled that while the future for branches was "certainly still bright" the number of branches would be "driven by customer requirements". That means changes to the footprint and the type of business transacted. "There are no plans to close many branches, as people want to sit down in front of someone when there is a complex decision to be made," Hirst said."While there are challenges for the whole industry, I don't see mass [bank branch] closures in the near term. Over time we will be thinking differently about the business taking place in branches - which has implications for the footprint and the layout."Hirst also noted that the Australian Bankers Association's independent review of product sales commissions and product based payments is "a constructive reaction to concerns by consumers, in particular, volume related remuneration. "It will be a challenge for the industry to address that but in the case of BEN there isn't any volume related remuneration for financial planners," Hirst said.