Today’s date reminds us how one moment, one day – can change everything. Thank you for following my Twitter feed. #NeverForget911.
Trending
“customers actually interact with us more, not less” – BofA exec on new ATMs w/Teller Assist http://t.co/RIVlvyoSyA pic.twitter.com/JRQkSQwC90
— Jim Perry (@mi_jim) September 10, 2015
Mergers, Acquisition – Expansion, Consolidation
- Sitka, Alaska’s assembly rejects ALPS Federal Credit Union’s expansion plans http://bit.ly/1K0caxp
- OH’s Mechanics Bank to open branch, add downtown drive-thru. http://ohne.ws/1Q6b6vC
- Hamilton Bank merger with Fairmount Bank gets required approvals http://bsun.md/1O5lGFz
- Bank of Montreal, Canada’s 4th-largest lender, agreed to buy General Electric Co.’s transportation finance business http://bloom.bg/1VRr6p2
- In Wisconsin, Black River Falls High School to open Co-op Credit Union branch http://bit.ly/1KG4bex
- In CA, Orinda’s planning commission nixes plan for @Chase branch at site of Zamboni’s Pizza http://bit.ly/1Oyr3dn
- Australia’s @Westpac to shrink bank branch, grow spending on digital http://bit.ly/1OccVZf | via @Finextra
- Baylake Bank and Nicolet National Bank are merging to become the fifth-largest Wisconsin-based bank http://gbpg.net/1ibbHBO
- Since 2011, @TheNCUA approved 1,130 credit union mergers, with “expanded services” cited as the reason behind 701 mergers | @SNLFinancial
- TN’s First Freedom Bank buys former SunTrust Bank branch http://tnne.ws/1OurzsM
- Randolph Savings to buy First Federal Savings of Boston http://bit.ly/1g70WON
Branch Evolution
- it can be gawky to watch an old bank try to be “cool,” sort of like a grandpa using Snapchat http://bit.ly/1L4b7kl
- From @JeffCoxCNBCcom: Banking hits ‘inflection point’; bank of the future will have fewer branches, better branding http://cnb.cx/1Q0LSys
Marketing & Branding
To introduce its new UofW branded VISA card, @BECU goes to the dogs http://t.co/0bMhODjD7K “BECU Dawg Choir” video: http://t.co/ptWdJQ8YyB
— Jim Perry (@mi_jim) September 10, 2015
- Bank of America is teaming up with rocker Billy Idol and director Christopher Guest for a series of late night spots http://bit.ly/1OuIHia
- Brian Halligan & Dharmesh Shah, co-founders of @HubSpot, keynote day 2 of #INBOUND15 http://bit.ly/1Q0NpVo
- ICYMI: Watch as an 8-year-old explains how to apply for a credit card at Belgium’s @recordbank http://bit.ly/1OuSgO2
- Two studies indicate that Millennials have a distinctive financial mindset http://bit.ly/1UDZEIR | @Tanyairwin
Mobile & Digital Transformation
- They’re wrapping up the #AppleEvent with a performance by @OneRepublic. Nicely done @tim_cook!
- Advice from @Bankrate: three #mobile banking alerts everyone should activate http://bit.ly/1KDJXSv
- Three online banking traditions that need to change. By @simon_mathews at @EXTRACTABLE for @FinancialBrand http://bit.ly/1KBF10y
- Japanese prefer using branches, ATMs over mobile http://bloom.bg/1KBErjo | @business
Fintech
- #Fintech startup @orchardplatform just raised $30M from high-profile investors http://bit.ly/1Kc87S1 | @mariaaspan at @Inc
- A total of $12.7B was invested in global #fintech during the first half of 2015 http://bit.ly/1IZGpTj | @RyanFowlerTCN w/@TechCityNews
- Shares in Monitise plunged by more than 30pc after CEO Elizabeth Buse announced her departure http://bit.ly/1LX88J1 #fintech
- #FinTech Sandbox gains more crowdsourced data as @Estimize becomes a partner http://bit.ly/1OuvaqW | via @financemagnates
Industry News
With Congress back in session, @ABABankers, @ICBA, @CUNA, @NAFCU keep up reg relief pressure http://t.co/PiKg7NXQBE
— Jim Perry (@mi_jim) September 9, 2015
- Credit unions have recently posted their fastest loan growth in history. http://bit.ly/1FBkzoY | interview w/Steven Rick, @CUNAMutualGroup
- Michael Rhodes, @TDBank_US‘s new head of consumer banking, talks growth & profitability http://bit.ly/1O5lgyZ
- Veridian Credit Union makes @DMRegister‘s list of Iowa’s Top Workplaces http://dmreg.co/1VPC7XZ
- PA’s Valor Credit Union CEO departs amid credit union’s losses piling up http://bit.ly/1Q3bM4U
- @Bankrate paying $15M to settle SEC charges on false results http://abcn.ws/1Q0NNDf
- Stanford prof explains ‘What’s Wrong With Banking and What to Do About It’ http://bit.ly/1hWKbar
- Overweighted in taxi loans, credit unions face bloodbath http://bit.ly/1XFKZBb via @InTheMkts
- @TheNCUA reports membership in federally insured credit unions grew to 101M+ at the end of Q2 2015 http://bit.ly/1Nnix3O | @CookeonCUs
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.