There is a lot of news in this week’s wrap-up from my Twitter feed. And remember, Next Thursday/Friday I’ll be tweeting from The @FinancialBrand Forum. Will you be there too? Let’s connect!
Trending
Data from @SNLFinancial offers an informative snapshot of the pace of industry consolidation http://t.co/qvsfN1vmx8 pic.twitter.com/tW6sIwqKYI
— Jim Perry (@mi_jim) April 21, 2015
Mergers, Acquisition – Expansion, Consolidation
- South Jersey’s local banks adding branches, despite national trend http://bit.ly/1aXKii6
- The expected completion of Bank of Kentucky’s acquisition by BB&T Corp. has been pushed back http://bit.ly/1GpOfKB
- CIBC in talks on potential $2 billion US wealth management/private banking acquisition http://reut.rs/1yTFJ3J
- Follow-up: Layoffs, branch closures, savings on tap for Raleigh-based Yadkin Bank http://bit.ly/1IPVjgU
- San Jose, CA’s Heritage Commerce Corp and Focus Business Bank plan to merge http://bit.ly/1OiQCTT
- MA’s Sharon Credit Union turns eyes toward Rhode Island for growth http://bit.ly/1yW3AAe
- Yadkin Bank charts Raleigh, NC expansion with branches in Five Points, downtown http://bit.ly/1HvrgfJ
- Omaha-based American National Bank seeks OK for merger with St. Paul, MN’s Western Bank http://bit.ly/1aT0H7x
- South Carolina’s South State Corporation to acquire 13 branches from BofA http://bit.ly/1PnyaGG
- Feds approve Chemical Financial acquisition of Lake Michigan Financial http://bit.ly/1d3yMn3
- Oregon’s Rogue Credit Union nearing $1 billion in assets http://bit.ly/1GhPo3W
- Louisiana’s @IBERIABANK targets untapped market with new Houston branch http://bit.ly/1aRBday
- United Community Banks and Greenville, SC-based Palmetto Bancshares announce merger agreement http://grnol.co/1Hke3Id
- BofA to close downtown Albuquerque branch “due to fewer routine transactions taking place over the counter” http://bit.ly/1D9nhiN
- Virginia’s Union Bank & Trust will close seven of its 131 branch offices by late August http://bit.ly/1G2Qm1t
- First National Corporation’s First Bank completes acquisition of 6 BofA branches in VA http://bit.ly/1cUI0lk
- Lynnwood, WA-based Prime Pacific and Everett, WA-based Coastal Community Bank to merge http://bit.ly/1FZYsry
Branch Evolution
- ICYMI: @Chris_Skinner on the “Role of the Branch in the Digital Age”http://bit.ly/1beciOV for @BAI_Info
- 13 Florida bankers weigh in on “How has technology changed customer traffic in bank branches?” http://bit.ly/1DSjCcW
- Check out @BankInnovation assoc. editor @philipgryan‘s article on training universal bankers http://bit.ly/1JmGZwx
Marketing & Branding
CNBC’s @JeffCoxCNBCcom reminds us that for #millennials, banking is all about the apps http://t.co/xMkRJPOom6 pic.twitter.com/EIr0kk2L1X
— Jim Perry (@mi_jim) April 23, 2015
- Influencers who drive conversations/engagement are increasingly important to brands http://bit.ly/1Hh2b89 Especially true for Millennials!
- Curious about @SnappaMedia‘s pics of @Nedbank #ThingsThatReallyMatter campaign? Here’s the backstory http://bit.ly/1Pu3Avd #TTRM
- Big banks boost their brands, set for more growth http://bit.ly/1ONSMpr @WellsFargo tops list of most valuable banking brand.
- Kevin Tynan, Liberty Bank for Savings, asks Is Your Marketing Dept. Structured for the Last Century? @FinancialBrand http://bit.ly/1byzx7c
- Watch how @TD_Canada‘s tree plantings brought together deaf and hearing, blind and sighted communities #TDTreeDays http://bit.ly/1yWaqpo
- Abandoned credit union accounts used to fund NM student scholarships http://bit.ly/1HYTakP
- Speaking of @WellsFargo, customer-centricity drives brand loyalty at the bank – efforts recognized by @Loyalty360 http://bit.ly/1GlI1vk
- Bermuda’s Clarien Bank is celebrating #EarthDay with sapling donations to aid reforestation http://bit.ly/1Oe5YsB
- Seattle soon to be home to the 1st credit union designed specifically for the LGBTQ community http://bit.ly/1DagOUN
- The @FinancialBrand looks at their favorites from this year’s @CUNA Diamond Awards for credit union marketing http://bit.ly/1Dxnm0d
- Navy Federal Credit Union is venturing into private student loans for the first time http://on.wsj.com/1Dui71l
- Chicago Bears strike naming-rights, banking deal with PNC http://trib.in/1HqBD4p
Mobile & Digital Transformation
- Wells Fargo turbocharges innovation with accelerator’s new startup class http://bit.ly/1OgVGIn
- Will your bank or credit union survive #Mobilegeddon? Will your website be deemed ‘mobile friendly’ by Google? http://n.pr/1FcnxDE
- From @BrettRelander for @Investopedia: Biometric Banking: Huge Prospects For Tech Profits http://bit.ly/1GdK4yF
- Banking on #AppleWatch will be limited, for now http://nyti.ms/1cQTFSe
- Survey says: banking with a computer or mobile device is more popular than phone or branch banking. http://on.freep.com/1bfxTGM
Industry News
- The Montgomery County Credit Union in Dayton, OH has been placed in conservatorship http://bit.ly/1GpQwp0
- Citing policy differences, @SelfHelpCU drops affiliation with @CUNA and @TheCCUL http://bit.ly/1Djs9lu
- Tacoma, WA’s Columbia Banking System tapped organic growth + Intermountain acquisition to post higher 1st Qtr profit http://on.mktw.net/1ONSj6J
- A group of small banks & CUs seek to block Target’s deal with MasterCard over 2013 data breach http://reut.rs/1Dm9qXU
- A 2014 @pewtrusts survey found three in four consumers agree overdrafts should be more closely regulated http://bit.ly/1ySGWZ9
- ICYMI: Citibank’s popular NYC bike-share program, Citi Bike, taught the firm to step out of its comfort zone http://bit.ly/1D6wDBO
- HSBC acknowledges data breach affecting 685 NH mortgage customers http://bit.ly/1yKh41q
- A Portland, OR financial services startup, @miradorfin, snags a big credit union partnership w/@NWCUA http://bit.ly/1byzmc1
- Dennis E. Nixon, president and CEO of IBC Bank, received the @texasbankers Foundation’s 50-Year Banker Award http://bit.ly/1yKgCjV
- Seattle ranks No. 1 in conversion to credit unions http://bit.ly/1E5OvvR via @seattletimes
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.