I will be on vacation for the next few weeks, so this will be the last wrap-up until 07.01.16. Until then, my Twitter feed will be managed by my west coast colleagues to make sure you stay connected to all the top stories about mergers, marketing, #fintech, etc. Now on to this week’s wrap-up:
Trending
2 issues driving #fintech 1) maintaining (or gaining) control of customer relationships & 2) for banks, cost cutting https://t.co/swKWNepZvL
— Jim Perry (@mi_jim) June 7, 2016
Mergers, Acquisition – Expansion, Consolidation
- M&T Bank integrating after merger with Hudson City Bancorp http://bit.ly/1WI0wC1
- Brookfield, WI-based Ridgestone Bank is being acquired by Chicago-based @BylineBank http://bit.ly/25NI8wE
- CA’s Farmers & Merchants Bancorp to acquire Delta National Bancorp http://bit.ly/1Upwa0U
- Idaho’s Pioneer Federal Credit Union absorbs Cornerstone in Caldwell http://bit.ly/1sx7ddw
- PA’s First Commonwealth Bank shows off $2.5M renovation; models how to repurpose unused big banking space http://bit.ly/1VOcGIy
- Weymouth Bank and Equitable Co-operative Bank have asked MA state regulators to approve a unique merger http://bit.ly/1YbroJI
- Flagship Bank Minnesota is acquiring Landmark Community Bank http://bit.ly/24Ce7Kh
- North Island Financial, California CU to merge http://bit.ly/1XHicP5 | via @CookeonCUs
- In KY, Sacramento Deposit Bank to merge with Bank of Caneyville http://bit.ly/1TXk53x
- Frost Bank has plans to open at least five more branches in Texas http://bit.ly/1VM7bKg
- Franklin Grove bank now branch of First National Bank in Amboy, IL http://bit.ly/22LPmfq
- WI’s State Bank of Chilton completes its acquisition of Calumet County Bank http://post.cr/1PDs3Cf
- Security First Bank calls off merger with Southern California bank http://bit.ly/1PfM1gS
- Seacoast Bank completes acquisition of @BMOHarrisBank‘s Orlando area banking operations http://prn.to/22LNLGn
- United Bank completes Bank of Georgetown acquisition; boosts DC area footprint to 60+ branches http://bit.ly/1RW6EhY | @wtopclabaugh
Marketing & Branding
ICYMI: @Chase new small business campaign is underway https://t.co/wNkEBw12fs video here: https://t.co/foih0EuSbx
— Jim Perry (@mi_jim) June 8, 2016
- To mark their 75th, @TweetNDFCU delivers birthday treats to the community http://bit.ly/1UH2C1r #Time2GoGuerrilla
- Attn: bank & CU marketers – don’t miss these media predictions shared at #FODM16 http://bit.ly/2456Iov
- Ventura County Credit Union launches foundation; sets $150K fundraising goal by end of the year http://bit.ly/22UGfsO
- I noticed @Chase was promoting helpful advice on Facebook to new graduates. Is your social media content helpful?
- Sign of the (digital) times: newsstand sales of magazines fell 10.1% in Q1 http://bit.ly/22KeGT8 | @MediaPost
- San Antonio, TX-based @FirstmarkCU kicks off Annual Summer Book Drive http://bit.ly/1tefXG9
- 63% of people only buy services that appeal to their beliefs, services & ideals @atom_bank‘s @atom_lisaw at #FODM16
- Columnist @Newsclips looks at measuring email effectiveness in retail banking for @Marketingland http://mklnd.com/1UtK0zd
Fintech, Digital & Mobile
As Feds Crack Down On Payday Lenders, #Fintech Startups See An Opportunity https://t.co/VhZESPxXvY | @FastCompany
— Jim Perry (@mi_jim) June 8, 2016
- #Fintech startup @circlepay thinks banking charter will make it easier to do business http://on.wsj.com/28oW3Iq
- Canada’s RBC eyes Silicon Valley talent at #fintech hub – launches “innovation lab” http://reut.rs/1RXTeC7
- Barry @ritholtz reviews new report of how #fintech is altering the landscape for money management http://bloom.bg/1VN8NmX | @BloombergView
- Boston #fintech start up @quantopian has hired general counsel to help firm manage outside investors’ money http://bit.ly/1RVcRe1
- #Fintech is playing the long game http://tcrn.ch/1UlMTSK | @bernardmoon for @TechCrunch
- Here’s the @FT‘s take on @ICBA letter to @USOCC: US community banks lash out at ‘#fintech’ upstarts http://on.ft.com/1Utgjy9
- Bijan Shahrokhi from @VirtualNext says here’s how Facebook Messenger will change banking http://bit.ly/1PdS3P9
Industry News
17 Most Powerful Women In Finance, Banking And Venture Capital 2016 https://t.co/Q6NrgQBLv2 | from @CarolineLHoward for @Forbes
— Jim Perry (@mi_jim) June 7, 2016
- Interns at @PenFed learn credit union basics over lunch w/CEO http://prn.to/1PjYRL6
- UW Credit Union to boost its minimum wage to $15/hour by 2017 http://gbpg.net/1tgiHlG
- Britain’s banks and building societies have backed a plan to merge four industry trade associations http://bit.ly/1Uky9Yx
- Study by @NJBankers finds NJ’s banks generate an estimated $16.7B in GDP in New Jersey annually http://bit.ly/1UGm3aw
- Take a look at how MI’s @ConsumersCU communicates its organizational culture http://buff.ly/1sTo1LI
- a platform strategy…will be the only way to protect profitability of the core banking business http://bit.ly/25O8WcK | @BankingInsights
- Our CEO @mi_sullivan is speaking this month at @CUNA‘s #acuc2016 in Seattle and next at @WOCCU‘s #CUinBelfast2016. Make sure to follow!
- Credit union real estate lending up despite consolidation according to @TheNCUA http://bit.ly/2157YW5
- Direct-Banking ‘Architect’, Brent R. Tischler, now Retail Head at @AssociatedBank of WI. http://bit.ly/1rbf1jL | @Barba_AB for @AmerBanker
- The @RBSGroup moves CRM into @lidalondon (who opened in Chicago earlier this year) as part of customer-centric push http://bit.ly/288bzbq
- “Risks Reap Rewards”: @CookeonCUs profiles Kalamazoo, MI’s @ConsumersCU VP of Operations Lindsay Land http://bit.ly/1PebeZ4
- New data on the struggles facing small business means banks have a long way to go to fill the gaps for entrepreneurs http://bit.ly/1U3CjTg
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!