I’m trying to grab a quick vacation day today, but not before getting this week’s wrap up from my Twitter feed out to everyone. Have a great weekend.
Trending
Message from @BankDirector‘s @AlDominick on #fintech: “Lead, follow or get out of the game.” http://t.co/gSxzmM3LLF pic.twitter.com/OZAwfWiK3r
— Jim Perry (@mi_jim) June 16, 2015
Mergers, Acquisition – Expansion, Consolidation
- As of June 15, @SNLFinancial counted 124 bank M&A deals for 2015 w/an aggregate disclosed deal value of $9.62 billion
- Home BancShares, Inc. to acquire Florida Business BancGroup, Inc. http://bit.ly/1Sr28ez
- UK banks launch defense of branch closures. @bbavoice says online & Post Office services have made up for closures http://bit.ly/1GRkscN
- Valley National Bancorp leads a surge of acquisitions in Florida http://bit.ly/1d3Ey7u
- FL’s Space Coast CU holds groundbreaking on $30M headquarters expansion http://on.flatoday.com/1dJYk8Q
- Cornerstone Community Bank and SmartBank are planning new initiatives as they merge. http://bit.ly/1BmrFkz Aim to make banking fun!
- OH’s Lorain National Bank cutting 99 jobs in merger w/PA’s @NWSB http://bit.ly/1Lfi1DH
- Royal Bank America to acquire First Cornerstone branch in Media, PA http://on.mktw.net/1KYCF9Z
- California-based First Foundation Inc. has completed its acquisition of Honolulu-based Pacific Rim Bank http://bit.ly/1GYu7QB
- Chattanooga, TN-area banks prepare to merge with others in the region http://bit.ly/1GJP41w
- Shareholders approve merger between Farmers National Bank of Canfield and First National Bank of Orrville http://bit.ly/1R0axmo
- Ameris completes Bank of America branch acquisition http://bit.ly/1BdeaUC
Branch Evolution
- Branching as usual? Southern Michigan Bank &Trust is building a 2,800 sq ft branch in Portage, MI w/6-7 FTE http://bit.ly/1GihKs0
- Regions Bank rolls out latest tech in new Ft. Smith, AR branch this week http://bit.ly/1ejURPf
- The @FinancialBrand‘s @JimMarous looks at branches redesigned for the digital banking consumer http://bit.ly/1MVZU3C
- Report from @EY_Banking & British Bankers Association show branch use falls 6% as customers embrace digital advances http://bit.ly/1FVUroD
Marketing & Branding
Anatomy of an Ad Campaign: @MazumaCU‘s quirky approach to banking http://t.co/eZgdQsLEMM #BankHappy pic.twitter.com/A568x1kY4H
— Jim Perry (@mi_jim) June 18, 2015
- In today’s @CUinsight, @jmarkarnold says it’s time to sexy-up your credit union http://bit.ly/1LnkzfO
- Capital One is putting the emphasis on its home loan program with a how-to web site aimed at first-time home buyers http://bit.ly/1K1IFhl
- 67% of Millennials vs 36% of Boomers, view investment decisions as “way to express social, political…values.” http://onforb.es/1LkBbVr
- Wright-Patt Credit Union (@wpcu) wraps up its “Savings Race 7 – Road To Retirement” campaign. Winner gets $10K http://bit.ly/1dM6kGa
- Golden 1 Credit Union takes center court with arena naming deal http://bit.ly/1G6uTFp
- The @FinancialBrand‘s @JimMarous looks at 5 ways http://Mint.com is stealing your customers http://bit.ly/1GNXjIi #mustread
- Credit Unions may disclose breached merchant names http://bit.ly/1JTsPHi | @CookeonCUs
- Atlanta-based @SunTrust Banks has named StrawberryFrog (@Frogism) as its new national AOR http://bit.ly/1dHO6G2
- Bank of England has gotten rid of autocomplete feature in its email platform in order to avoid embarrassing mistakes http://bit.ly/1Iiol7g
- Millennials’ banking habits could make Wall Street obsolete http://read.bi/1GIBnjq What do you think @jasondorsey?
Mobile & Digital Transformation
- 5 chosen as @BankTechNews 2015 Digital Bankers of the Year: @Citi, @USAA, @BankoftheWest, @Wintrust, @DiamondBankNG http://bit.ly/1Sr2JNf
- RBS glitch demonstrates the UK’s creaking banking infrastructure http://bit.ly/1GRKj4g
- Mobile now the dominant channel for consumer banking activity in the UK http://bit.ly/1BmtNZz
- Barclays wants robots to do your banking… http://cnb.cx/1GpoGXr
- A UK online banking service provider introduces “world’s first emoji-only passcode” http://n.pr/1MZ3ycZ
- British mobile banking boom continues with fourfold increase in weekly mobile activity http://reut.rs/1Bh6uQS
Industry News
Q1 2015 U.S. Banking Review: Outstanding Commercial Loan Portfolio http://t.co/YFPKRRU54q | via @Forbes pic.twitter.com/6eAgixXznb
— Jim Perry (@mi_jim) June 18, 2015
- The @ABABankers opposes @CUNA‘s efforts to loosen credit union field of membership rules http://bit.ly/1G6vpTZ
- The number of credit unions nationwide has dropped by three-quarters since 1969 — from 24,000 to about 6,000 today http://bit.ly/1Lh3wfp
- ABA President/CEO Keating talks community bank burdens on Bloomberg http://bit.ly/1G34w3i “the costs of compliance are really oppressive.”
- The future payment models are cashless, #FutureMoney conference panelists say in Helsinki #fintech
- FYI: The big banks of the Fortune 500 that keep getting bigger http://for.tn/1IH2oRR | by @stephengandel for @FortuneMagazine
- House introduces bill to delay @TheNCUA capital proposal http://bit.ly/1LcQHG1 | @CUJournal
- Goldman Sachs makes push into consumer lending w/small loans online http://on.wsj.com/1CaOJhh | @WSJ
- Has misinterpretation of a federal statute by Department of Veterans Affairs resulted in credit union closure? http://bit.ly/1G7r7uI
- Proposed change to CRA prompts questions about how the rise of digital banking might set back a US civil-rights law http://bit.ly/1Fh5pDM
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.