We even have a Halloween story or two in this week’s wrap-up of top stories on mergers, fintech, marketing, etc. from my Twitter feed:
Trending
DEAL WATCH: @keybank in advanced talks to buy @firstniagara https://t.co/IUCmcEQHEi | @WSJ pic.twitter.com/4rp3CaJstz
— Jim Perry (@mi_jim) October 30, 2015
Mergers, Acquisition – Expansion, Consolidation
- MVB Bank opens branch banking location in Reston, VA; their 5th branch opened this year http://prn.to/1XDYKQ0
- AmericanWest Bank branch in Poulsbo, WA is now a Banner Bank branch http://bit.ly/1Sd2yEP
- Fresh off acquisition, Miami’s City National Bank reports $12M profit in Q3 http://bit.ly/1GOM7x5
- Prospera Credit Union to merge with UW Oshkosh Credit Union http://post.cr/1Mkib8o
- Hudson City Savings Bank will complete its merger with M&T Bank this Sunday http://bit.ly/20cssh8
- Redding Bank of Commerce picks up 5 BofA branches http://bit.ly/1XB6nqq
- CA’s Tri Counties Bank picks up three branches from BofA http://bit.ly/1jTERWO
- Bank Of The Cascades acquires 12 BofA branches in OR, 3 in WA http://prn.to/1LDQfz6
- SpencerBANK and Southbridge Savings Bank holding companies to merge http://prn.to/1LZv08J
- Houston’s First Service Credit Union plans branch growth, expansions through Texas http://bit.ly/1KEYXJk
- American Riviera Bank shareholders approve merger with The Bank of Santa Barbara http://bit.ly/1jQHOre
- Fewer job cuts expected in Oneida Savings acquisition http://bit.ly/1PU117p
- Fidelity Bank to acquire Jacksonville’s American Enterprise Bank http://bit.ly/1MhUQUN
- NY’s SeaComm Federal Credit Union expanding into Plattsburgh in 2016 http://bit.ly/1k6RRrK
- In St. Louis area, Great Southern Bank acquires branches from @FifthThird Bank http://bit.ly/1O4N1sb
- Valley National Bank in Wayne, NJ receives approval for merger with Fla. bank http://bit.ly/1icqhYD
- German American acquires River Valley Financial; expands into eastern Indiana http://bit.ly/1WfDY6w
- Fidelity Southern Bank grabs up more of Northeast Florida market share with local acquisition http://bit.ly/1WfiZGh
- NYC lender Astoria Financial said to be under pressure from activist investor to explore sale http://bloom.bg/1R1rH4i | via @business
- Florida Community Bank picks Westshore for its latest branch http://bit.ly/1R8vVHE
- NY’s Community Bank poised to grow with acquisition http://bit.ly/1P0JkCl
- In 4th deal of 2015, Heartland Financial USA, Inc. to acquire CO’s CIC Bancshares, Inc. http://bit.ly/1KAfr5r
Branch Evolution
- Ridgewood, NJ gets its first teller-less branch w/@PNCBank http://bit.ly/1HamH7T
- New report: 33% of #millenials won’t need a bank branch in 5 years. 50% expect Silicon Valley to modernize banking! http://huff.to/1S99djk
- Matt Deaton w/@GoCodigo shares 2015 #BranchTransformation report via @ABABankers new website http://bit.ly/1i0nn9p
- #Millennials‘ banking habits suggest deeper branch cuts are coming http://read.bi/1XoWVpZ | @businessinsider
Marketing & Branding
Trick or Treat: NatWest hosts Halloween banking exhibition for kids https://t.co/UF7yEOWR4n pic.twitter.com/nQI5sthiZq
— Jim Perry (@mi_jim) October 30, 2015
- This is how @PNCBank thanks its 100,000+ Cash Flow Insight business customers https://youtu.be/9_YMRKF8msU
- In Phoenicia, NY, @keybank donating $2,000 to fire department that saved branch http://bit.ly/1P4ycnV
- ICYMI: How banks are using content to connect with post-recession consumers http://bit.ly/1NcNW6w | @AshleyRReports for @adage
- Berkshire Bank and the Berkshire Bank Foundation have been honored with seven Financial Marketing Awards from #NEFMA http://bit.ly/1MQz1MG
- Starting peer-to-peer lending programs could help credit unions attract younger, value-focused members http://bit.ly/1PPvjbs | @CookeonCUs
Mobile & Digital Transformation
- First Technology Federal Credit Union rides high on tech boom http://bit.ly/1PQlfQr
- Banking app maker @FISGlobal Mobile has set up a new office in Petaluma, CA http://bit.ly/1MszB9c Congrats Dave!
- In NC, Canton Credit Union members hacked http://bit.ly/1N4Cv2E SC FCU customers see unauthorized transactions http://bit.ly/1LUG5YP
Fintech
- Last day of @money2020. Did you meet these 25 “Who’s Who of #Money2020 Top #Fintech Innovators”? http://bit.ly/1GtOLIW
- U.S. banks unite to form industry leading secure real-time payments network @clearxchange http://bit.ly/1MsAqi0 #money2020
- US #fintech company Hanweck Associates to create 19 jobs by setting up HQ in Belfast http://bit.ly/1Gv4NCm
- News from #money2020: @coreEMC to honor @Affirm‘s @mlevchin this a.m. as 2015 Core Visionary at @money2020 keynote http://mwne.ws/1P2ymfB
- I’m not at @money2020 this week. I will have to connect w/@JimGMcLeod, @mevans14 & @Chris_Skinner post #money2020 conference.
- #Money2020 is well underway. @Forbes points to conference’s growth w/9 reasons why NOW is the time for #fintech http://onforb.es/1S0OPRg
- Nov. 6 deadline for #fintech startups wishing to enter #SXSW Accelerator competition http://sxsw.is/1WdkOnf
Industry News
.@RBSGroup haunted by branch closures as hammy #Halloween ad backfires https://t.co/xBGfWbchvN Watch video here: https://t.co/D77ptBpEll
— Jim Perry (@mi_jim) October 30, 2015
- Solidarity Community Federal Credit Union was inducted into the Indiana Credit Union Hall of Fame http://bit.ly/1Ri2lzp
- Bank of the West named exclusive banking provider for UC Berkeley in long-term contract http://bit.ly/1NEJZaU
- European Banks’ Cost-Cutting Plan: ‘Wet-Wipe Wednesday’ – cost-cutting gone amok http://on.wsj.com/1PSpXNq | @WSJ
- Deutsche Bank to shed 35,000 jobs, exit 10 countries http://cnb.cx/1SaRHex
- New campus banking rules hope to protect students from high prepaid & debit card fees http://bit.ly/1GImWMD
- Ivy Tech & Old National Bank announce partnership that allows @Old_National associates a free education http://bit.ly/1KCz64G
- New York bank regulators exit after clash with Governor Cuomo’s office http://on.wsj.com/1XuRMwu | @WSJ
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note. Thanks for following!