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Weekly Wrap-Up 02.07.14

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For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week:

Mergers, Acquisitions & Consolidation

  • Madison, WI’s Summit Credit Union merger w/Veterans Administration Credit Union complete, incl. Milwaukee location http://bit.ly/1gPtE6g
  • With Technology’s Aid, Banks Squeeze Their Branches Into Smaller Locations http://nyti.ms/LOr2Yk
  • In Arkansas, First Bank of Hampton completed its acquisition of First Community Bank of Crawford County http://bit.ly/1jfaGX6
  • Ohio, Kentucky and Indiana are losing bank branches at a faster clip than most other states http://cin.ci/LuEIXQ
  • Salisbury Bank & Trust Company to purchase the Sharon, CT branch of Union Savings Bank http://bit.ly/Mq7Y2O
  • Sunwest Bank acquires assets and deposits from FDIC as receiver for failed Syringa Bank in Idaho http://mwne.ws/1lwJ0if
  • AltaPacific Bancorp to acquire the parent company of Temecula, Calif.-based Mission Oaks National Bank http://bit.ly/1dY4Wsl

Marketing

Mobile

Industry News

  • Community bankers and ag lenders to benefit from Senate-passed farm bill http://bit.ly/1gM7eD5
  • Wells Fargo held the top spot as world’s most valuable banking brand of 2014, w/ a brand value of over $30 billion http://cnb.cx/Lr8psA
  • PA credit union sues Target for the cost of reissuing debit cards to 75 customers whose account info was compromised http://kare11.tv/1euHpDX

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That’s all for this week. If we missed an important story, drop me a note.

Transform Your Branch Network


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