I’ve enjoyed working from our Seattle office this week, but soon I’ll be heading back to Chicago. Before I place those seat backs and tray tables in their upright and locked position, here’s this week’s wrap up from my Twitter feed.
Trending
With 38 net closings, @PNCBank was the leading branch closer in the most recent quarter http://t.co/tgXIM7tb4m pic.twitter.com/kjaTR7ifCP
— Jim Perry (@mi_jim) May 5, 2015
Mergers, Acquisition – Expansion, Consolidation
- In Illinois, Parkway Bancorp, Inc. agrees to acquire Park Bancorp, Inc. and Park Federal Savings Bank http://prn.to/1H605d3
- Ohio’s LCNB Corp. has completed its acquisition of Brookville National Bank http://bit.ly/1bD2P3y
- HAPO Credit Union to open second Walla Walla branch at former bank site http://bit.ly/1AHtF0U
- Susquehanna Bank’s chief marketing officer @SPBChicago discusses BB&T acquisition, modern branches http://bit.ly/1bAsLNa
- Bank of the Ozarks to acquire Bank of the Carolinas http://bit.ly/1EjG7Vr
- In Wisconsin, RiverWood-Maritime CU members OK merger with Fox Communities Credit Union http://post.cr/1P0QTLn
- IN’s Heritage Federal Credit Union to expand across state lines into KY http://bit.ly/1c1hu9d
- Veridian Credit Union, headquartered in Waterloo, will open a branch office in Council Bluffs http://bit.ly/1JOgbJl
- FL’s @AchievaCU acquires Calusa Bank in rare merger http://bit.ly/1QiH8W1
- Cincinnati, OH’s First Financial is generating earnings growth and has capital levels to consider more acquisitions http://bit.ly/1R9W1eX
- Westside State Bank expects to open Carroll, IA branch http://bit.ly/1brTQlM
- MVB Bank to acquire 2 Berkeley County, WV Susquehanna Bank branches http://bit.ly/1JLDMdv
- TN’s FirstBank to acquire Northwest Georgia Bank http://bit.ly/1zslMRR
Branch Evolution
- “So far bankers have simply failed to notice that their sprawling firms will become tomorrow’s low-margin utilities.” http://econ.st/1ceS5sU
- From 4/1/14 to 3/31/15, US banks & thrifts opened 1,023 branches, closed 2,464 = net loss of 1,441 branches. http://bit.ly/1chJnL9
Marketing & Branding
“We’re not tech savvy, we’re tech dependent” @jasondorsey on #millennials at #fbforum2015 pic.twitter.com/ufSVc1mDN8
— Jim Perry (@mi_jim) May 1, 2015
- Check out Ross Wainwright’s newest article: #Mobility, #Millennials & Predictive Analytics in #Banking http://spr.ly/60187BfA
- NY’s Apple Bank for Savings will take part in the City Harvest’s annual “Feed Our Kids” food drive http://bit.ly/1Ek7GxR
- Keep your eye out for new video from @simple…its bank advertising as good as it gets!
Mobile & Digital Transformation
- Is #mobile really bringing drive-thru banking up to speed @BankTechNews? http://bit.ly/1bBxrCs
- Indian software giant Infosys launched what it claims is 1st mobile & tablet-only banking app aimed at #Millennials http://bit.ly/1IjgZVY
- #ApplePay lands 24 new bank and credit union partnerships http://bit.ly/1EXiYws
- A report from @RWScholar suggests mobile banking will only increase if security concerns are addressed http://nbcnews.to/1OSpyLs
- Goldman to emphasize digital banking services http://on.wsj.com/1AAFExn
Industry News
- Community Sourced Capital’s model of crowdsourcing interest-free loans to local businesses is set to spread across WA http://bit.ly/1Iji549
- The @NYCUAtweets joins Home Depot data security class action lawsuit http://bit.ly/1IRpCGr
- U.S. Senate banking panel chief forges ahead with bill to ease rules http://read.bi/1H1qA0y
- BofA hires a specialist in helping companies in the technology, media and telecommunications sectors go public http://nyti.ms/1JqHMwH
- A civil complaint filed by the city of Los Angeles charges Wells Fargo w/ employing not so ‘gr-eight’ sales tactics http://bit.ly/1JQ29Xn
- The @WSJ reports @TheNCUA said CUs can’t set up charities or associations for the sole reason of qualifying members http://on.wsj.com/1EObGtI
- Alabama One Credit Union seeks to halt state’s cease, desist order http://bit.ly/1E9wpER
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.