The Federal Reserve ‘s decision to leave interest rates unchanged was among the top stories tracked on my Twitter feed this week. Here’s the wrap-up:
Trending
Industry regulation seen as greatest source of disruption http://t.co/taK8JNept6 | @JimMarous for @FinancialBrand pic.twitter.com/u3vvDPeT2u
— Jim Perry (@mi_jim) September 17, 2015
Mergers, Acquisition – Expansion, Consolidation
- St. Cloud Federal Credit Union and City and County Employees Credit Union merging http://bit.ly/1W7B3P7
- FL’s NorthStar Bank opens branch ‘where all the action is’ (South Tampa) http://bit.ly/1Ksje9H
- TN’s First Horizon set to complete TrustAtlantic acquisition http://bit.ly/1imqpW5
- Michigan City-based Horizon Bancorp is completing its acquisition of Peoples Bancorp, headquartered in Auburn, IN http://trib.in/1KoxDPD
- Polish & Slavic Federal Credit Union opens Schaumburg, IL branch http://bloom.bg/1Oep5ly
- Flushing Bank unveils plans to open a new branch in Manhattan http://bit.ly/1LxFxXW
- FL’s Fidelity Bank completes the acquisition of the deposits of 8 branches of First Bank http://bit.ly/1OXAm73
- In MO, Cabool State Bank acquired by Peoples Community Bank http://bit.ly/1UVfKmW
- In Indiana, Crane Federal Credit Union and Centurion Federal Credit Union to merge http://bit.ly/1QCuMb7
- We Florida Financial Credit Union and Peoples Credit Union to merge http://bit.ly/1F00kqp
- As many as 2,400 UK bank branches could close over the next five years http://bit.ly/1iKyap3
- Northwest Bancorporation receives regulatory approval for Bank of Fairfield merger w/@InlandNWBank http://bit.ly/1M8GGbj
- AR’s Bear State Bank receives regulatory approvals for acquisition of Metropolitan National Bank http://bit.ly/1OsPds4
- Heartland Financial completes Arizona bank merger http://bit.ly/1ibDeCp
- Washington State Employees Credit Union to open new Puyallup branch Sept. 21 http://bit.ly/1OpUNeL
- BB&T to trim more staff at newly acquired bank http://bit.ly/1Y2RCO4
- Credit Suisse plans to sell U.S. private bank http://reut.rs/1OalqoG
- Fast-growing Bridgewater Bank in MN looks to buy with $15M from CA’s Castle Creek Capital http://bit.ly/1KhN4cs
Branch Evolution
- New @BankofOklahoma banking center is smaller, w/emphasis on modern look & functional design http://bit.ly/1Jex3mX
- IN’s S&T Bank uses tech-savvy branches to meet customer demands http://bit.ly/1Ffs89Z
- In Michigan, banks re-evaluate branches as consumers shift to digital banking http://bit.ly/1Ka7dEr
Marketing & Branding
Rich Williams at @CFPB: college-branded banking accounts may not be best for students http://t.co/Q38Ew8kZxS pic.twitter.com/YRLwZqLuVp
— Jim Perry (@mi_jim) September 15, 2015
- AL’s @avadiancu launches 100% home financing program http://bit.ly/1UZGkpE
- Credit unions in OK, AR, TX raise $$ & donate stuffed animals to @CMNHospitals http://bit.ly/1ijbgEO
- On 9/24, @chromefcu rolls out “banking that shines” http://bit.ly/1W4JmeM @TangerineBank probably likes “orange is the new bank” tagline.
- #Millennials are saving for retirement – some are socking away 15% of their salary http://bloom.bg/1FBZrz9 @business
- Recently re-branded (https://vimeo.com/133759731 ) Inspirus Credit Union moves its Seattle branch to Southcenter http://prn.to/1UQLILA
- JPMorgan @Chase is launching a new ad campaign focused on helping small business owners http://on.wsj.com/1KNvtzy
Mobile & Digital Transformation
- José Resendiz w/@Digital_Insight tackles “Why Wearable Banking, Why Now?” for @FinancialBrand http://bit.ly/1UZD7q3
- Security researchers have discovered a new piece of malware called Backdoor.ATM.Suceful that infects ATMs http://bit.ly/1LA0zFh | @Gizmodo
- Bank of America introduces fingerprint and touch ID sign-in for its mobile banking app http://on.mktw.net/1FMx2X8
- Top 6 mobile banking apps for business http://bit.ly/1K54UCH from @Barba_AB for @BankTechNews
Fintech
- In 2015, @braintree to break $50B in payment volume & has 154M cards on file http://tcrn.ch/1UZ3Vfz | @ingridlunden for @TechCrunch
- #Fintech won’t limit itself to just reinventing traditional finance http://bit.ly/1W7D4ej | @jamesallgrove at @TechCityNews
- Hey #FinCon15 – just noticed @Visa combined EMV and #biometrics http://vi.sa/1FjeHGj | via @pymnts
- I heard @BankMarketing is launching a new product (http://www.hip.money ) at #FinCon15! Have you talked to Mark yet?
- Don’t miss @idc list of #fintech giants (http://bit.ly/1ib6uJx ) that @TheRudinGroup calls a guide to the future http://huff.to/1YbwDsI
- It is @FinTechWeek in London. @faridtejani shared “What to Expect in 2016” and @InnFin‘s @lwintermeyer is up next.
- ICYMI: @Chris_Skinner (http://bit.ly/1QCqn84 ) & @rshevlin (http://bit.ly/1OQk2VA ) both say #fintech is not disruptive. Must be true!
- London or Silicon Valley? UK’s Barry James is in search of the world capital of #fintech http://bit.ly/1Oagj86 | @crowdfundinside
- New #FinTech Task Force forms in Atlanta http://bit.ly/1QsWx6b
Industry News
Nine massive banks just teamed up to take the technology behind bitcoin mainstream http://t.co/fhAX2UWPwj | @businessinsider
— Jim Perry (@mi_jim) September 16, 2015
- .@TheNCUA Board ups small CU threshold to $100M http://bit.ly/1F6g5w3 | via @CookeonCUs
- Latest from @mybanktracker: @WellsFargo, @TDBank_US & @PNCBank deliver “best in service, convenience, and value” http://bit.ly/1QmiAdQ
- HSBC says tech firms may face more regulation on banking services http://reut.rs/1FRqxlW
- NYC’s $165B pension funds will vote to strip Bank of America CEO Moynihan of his chairman title http://read.bi/1P7h5A3 | @businessinsider
- As @federalreserve leaves rates stand, Bank of America says it may have to cut costs further if rates remain low. http://on.wsj.com/1NHBSwO
- FBI probes IL’s Scott Credit Union for fraud http://bit.ly/1Kj9L0L | via @CookeonCUs
- Rohit Arora (CEO of @biz2credit) on “The Case For Raising The Credit Union Lending Cap” http://onforb.es/1Owy2Wk in @Forbes
- Royal Bank of Scotland Group Plc settles mortgage-securities case w/@TheNCUA. @RBSGroup agrees to pay $129.6M http://bloom.bg/1Oep5ly
- Credit union leaders collaborate to discover next big solution for the industry http://bit.ly/1KQcapx | @CUinsight
- Banking bubble? Commercial real estate lending seen as concern. http://bit.ly/1KnxLmW
- CA’s @opusbank published a Healthcare Banking report; noting pace of Healthcare Banking loan growth is accelerating http://bit.ly/1KcZEgl
- Banking regulator, 4 banks reach pact over new chat platform @symphony http://on.wsj.com/1USssgP | @WSJ
- Tri Counties Bank funds valley fire relief fund w/$10,000 as it awaits the fate of its Middletown, CA branch http://on.mktw.net/1KNzuUP
- Bank of America vote brings out broader complaints http://on.wsj.com/1Lcbmd8
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.