For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week:
Mergers, Acquisitions – Expansion, Consolidation
- Layoff process is underway as Iberia Bank’s merger with Teche Federal nears closing http://bit.ly/1hhsApP
- Greensboro, NC’s NewBridge Bank shareholders OK CapStone merger http://bit.ly/1dzn3LP
- First Federal Bank of Wisconsin of Waukesha and Bay View Federal Savings and Loan Association in Milwaukee to merge http://bit.ly/1o295qA
- In Minnesota, KleinBank to acquire Prior Lake State Bank http://strib.mn/1ju8MTt
- TN-based FirstBank plans to open a full-service branch in Alabama and has chosen veteran banker Jim Owens to lead it. http://bit.ly/1ju8gon
- Minnesota’s Cook Area Credit Union opens in-school branch called “The Money Cave” http://bit.ly/1glYdyI
- Wright-Patt Credit Union to build new branch on Wright-Patterson Air Force Base. New staffing model, better tech. http://bit.ly/1hloDN3
- Mountain Valley Bank enters into merger with Platte Valley Financial Service Companies http://bit.ly/1m2dLbd
- VA’s C&F Financial Corporation completes merger of subsidiary banks http://on.mktw.net/1eJwsPw
- Pine Bluff, AR’s Simmons First National to acquire Little Rock’s Delta Trust & Bank http://bit.ly/1l0wyUo
- OH’s GenFed Financial credit union increases Lorain presence with new Oberlin Avenue branch http://bit.ly/1m1YdEj
- In Kansas, Parsons Pittsburg Credit Union liquidated last Friday http://bit.ly/1juRWPV
- In Wisconsin, Capital Credit Union and Pioneer Credit Union will merge operations later this year under Capital name http://post.cr/ONan93
Marketing
Commerce Bank launched a service that sends its people out to assist small business owners http://t.co/4MniQDqHI7 pic.twitter.com/Ci6W61otuu
— Jim Perry (@mi_jim) March 28, 2014
- TD Bank to be presenting partner of entertainment at the Special Olympics 2014 USA Games http://bit.ly/1hdovmw
- H&R Block Rewards Consumers With Cash http://bit.ly/1mu0XNL
- The ridiculous reason Chase Paymentech refuses to process payments for a startup condom company http://huff.to/1gthoaV
Mobile
- Federal Reserve study shows mobile bank deposits see big gains http://bit.ly/1rz77xa
- PayPal to connect mobile ads to in-store visits http://bit.ly/1lcm8Uh
Industry News
Zions Bancorp to resubmit capital plan to Fed, retake stress test http://t.co/XlzGf3u5Nn pic.twitter.com/zcul5iSyHA
— Jim Perry (@mi_jim) March 24, 2014
- Credit union’s video teller changes face of banking in Leland, NC http://bit.ly/1juMT1Y
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That’s all for this week. If we missed an important story, drop me a note.