As we enter this Memorial Day Weekend there’s a lot to cover, so let’s get right to this week’s wrap up from my Twitter feed.
Trending
New app from @Finacle designed to attract Gen Z (age 12-18) to banking http://t.co/oG6HpRifEJ pic.twitter.com/1ggyGKcIvK
— Jim Perry (@mi_jim) May 19, 2015
Mergers, Acquisition – Expansion, Consolidation
- Oak Brook, IL-based Republic Bank of Chicago’s winning bid to acquire failed Chicago-based Edgebrook Bank was one of 15. via @SNLFinancial
- Hamilton State Bancshares announces merger with Marietta, GA-based Highland Financial Services http://bit.ly/1K8mwMF
- Wonder Lake, IL’s State Bank to acquire Harvard Savings Bank http://prn.to/1SmEOzu
- Isabella Bank to purchase Midland, MI branch from Independent Bank http://bit.ly/1Hwq3GX
- Wisconsin’s Anchor Bank continues 12-month, 9-branch reduction with sale of Viroqua, WI branch to Royal Bank http://bit.ly/1Ahch8P
- BB&T eyes more bank branches in Cincinnati and southwest Ohio http://cin.ci/1AhbX9X
- Fidelity Southern to acquire 8 Florida bank branches Missouri-based First Bank http://bit.ly/1cPVOgJ
- Makeover coming to PA’s Mars National Bank drive-thru branch http://bit.ly/1KjqQfj
- 81% of consumers would not switch banks if their primary bank closed the local branch – @BankingInsights http://bit.ly/1bhW1s0 #NAbankstudy
- Two new Michigan First Credit Union branches set to open in @kroger stores http://bit.ly/1ILBDg3
- Camden National Bank identifies 4 branches to consolidate after merger w/The Bank of Maine in October 2015 http://prn.to/1eaGwnH
- Heartland Financial will acquire Arizona’s First Scottsdale Bank for $17.7M http://bit.ly/1Ptpge6
Branch Evolution
- Pittsburgh’s FNB trying new branch model after work with Penn State students http://bit.ly/1HyY7SV
- MO’s Reliance Bank to open new branch in July that boasts latest technology and a Tim Hortons Express Café http://bit.ly/1HmckNq
- Key Bank puts full-service ATM at site of burned-out branch in tiny NY town http://bit.ly/1Ej5wht
- The self-service bank branches driving Britain to distraction http://dailym.ai/1EWh7F0
Marketing & Branding
Caffeine and banking at Capital One 360 Cafe on Boston’s Boylston Street. Works for me! http://t.co/Xy9t2ujPAl pic.twitter.com/zSYrMe3OHP
— Jim Perry (@mi_jim) May 20, 2015
- ICYMI: Here are 9 big ideas from The @FinancialBrand Forum 2015 http://bit.ly/1K8qPrf
- #Millennials are more likely than other age groups to switch from their primary bank @BankingInsights http://bit.ly/1bhW1s0 #NAbankstudy
- Looks like MI’s Wexford Community CU is participating in #RedNoseDay. Any other CUs or banks? http://bit.ly/1ei2d5w
- TX’s Shell Federal Credit Union giving away free gas http://bit.ly/1GoWN3v
- Banks may face stiffer rules when marketing to college students http://on.mktw.net/1H9p7Tt via @JillianBerman
- .@FMSI_Inc‘s @MeredithJDeen says “#Millennial Banking Consumers Are Unique, But Not That Different” – @FinancialBrand http://bit.ly/1HpkPKh
Mobile & Digital Transformation
- In the UK, cashless payments overtake the use of cash for the first time http://bbc.in/1K337fU MT @BBCNews
- Mountain America Credit Union announced the beta release of a biometric Mobile banking login feature. http://bit.ly/1FrSSRq
- USAA adds Apple Touch ID for mobile-banking app http://bit.ly/1GlQY6X
- More than 8 in 10 US adults who use mobile or online banking apps see some benefits to using card-linked marketing http://bit.ly/1Eh8J14
- USAA found a surprising demographic among early adopters of biometric authentication for mobile banking: the elderly http://bit.ly/1Ptr3Qx
- GM of @chebanca, @ferrarirobtweet, lists “7 Habits Of A Highly Successful Digital Bank” in today’s @FinancialBrand http://bit.ly/1HbUT26
Industry News
- Senate Banking Committee adopts financial-regulation bill; if passed, would ease some rules affecting small banks http://on.wsj.com/1GtqYq6
- The @CFPB has ordered @Fiserv to turn over data on credit union overdraft fees http://bit.ly/1HjXyXA
- Breaking News: 5 Big Banks to Pay Billions and Plead Guilty in Rate Rigging http://nyti.ms/1dkaLsd
- Two startups trying to reinvent finance and destroy traditional lending just teamed up in the UK http://read.bi/1Bb4XX1
- Visa to pay banks more after breaches. @ABABankers says tiered system will help community banks http://bit.ly/1KhImR3 via @BnkInfoSecurity
- Commentary: @CUNA‘s Jim @Nussle says new banking rules could mark the end for credit unions http://pbpo.st/1QWSwrc
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.