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
- New credit union chartered by The NCUA in South Carolina http://bit.ly/1dXD6Dx
- Banner Bank to acquire 6 Sterling Bank branches amid Sterling transition to umpqua bank – explain that to a customer! http://bit.ly/1gtct42
- PA’s GNB Financial Services, holding company of The Gratz Bank, completes acquisition of Liberty Savings Bank http://bit.ly/1k70LnG
- ConnectOne Bancorp Inc. is expanding into Newark,NJ w/a temporary branch in the city’s Ironbound section http://bit.ly/1eecMjh
- Northrim BanCorp completes acquisition of Alaska Pacific Bancshares http://on.mktw.net/PhNHOk
- Hilltop Holdings, the parent of PlainsCapital Bank, has agreed to acquire brokerage and financial firm SWS Group http://bit.ly/1h2l0Ru
- BNC Bancorp completes acquisition of South Street Financial http://bit.ly/1ebN0fD
- CT’s Bankwell Financial to acquire Hamden’s Quinnipiac Bank http://bit.ly/1ks8lVW
- NY’s Hudson Valley Credit Union merges w/Matteawan FCU http://pojonews.co/1ks1vzx “If you’re not growing, you’re dying,” says CU board member.
- Two of Dayton, OH’s largest credit unions (River Valley Credit Union & FirstDay Federal Credit Union) have merged http://bit.ly/1dQXTZx
- The merger between Portland-based Umpqua Bank and Spokane-based Sterling Bank is set for completion by April 18 http://bit.ly/1gNSl1m
- CapStone Bank’s acquisition by NewBridge Bancorp has closed, creating a $2.4B community bank. http://bit.ly/1i1X5Ne
- Houston-based Prosperity Bancshares Inc. has completed its acquisition of longtime Tulsa institution F&M Bank http://bit.ly/1s7a5cl
- In WI, Capital Credit Union to merge w/Pioneer Credit Union, forming one of the largest credit unions in the state http://bit.ly/1dJYBIg
- Americas United Bank completes acquisition of the Lancaster, CA branch from Silvergate Bank http://bit.ly/1gkehwa
- Rockville Financial, Inc. and United Financial Bancorp, Inc. secure full regulatory approval for their merger http://bit.ly/1mHq3cg
- Lakeview Credit Union members have approved a proposed merger w/ CitizensFirst & Best Advantage credit unions in WI http://post.cr/1jOWwwX
- Royal Bank of Scotland has discussed selling its U.S. banking arm, Citizens Financial Group, to Japanese banks http://reut.rs/1iRhSGh
Marketing
Honk Kong’s Dah Sing Bank rolls out You Banking, targets youth w/music video, digital campaign http://t.co/WOoeOh5PoJ pic.twitter.com/FlsQoOMWfE
— Jim Perry (@mi_jim) April 3, 2014
- Some of the best minds in bank marketing are at
#fbforum2014. Follow@rshevlin,@CookeonCUs,@JimMarous,@mi_sullivan,@benpankonin,@jrwlay - Do you know your customer’s “pain points?” http://bit.ly/1gXRwEm
- TD Bank launches next iteration of ‘Bank Human, Again’ marketing campaign w/improv actors to illustrate ‘pain points’ http://bit.ly/1pHycuk
Mobile
Take a look at how Chase promotes the redesign of their iPhone mobile app pic.twitter.com/ffaQVtkJdU
— Jim Perry (@mi_jim) April 4, 2014
- University of Michigan Credit Union, Filene and University of Michigan developing lending app http://bit.ly/1sgpOWB
- How badly do consumers want mobile banking? It depends on where you live. http://bit.ly/1fyP8lo via The Financial Brand
- Federal Reserve reports use of mobile phones to make payments at the point-of-sale has experienced substantial growth http://bit.ly/1e3J6p6
Industry News
Banking watchdog warns about possible hacking of ATMs http://t.co/5BQkBWO3As pic.twitter.com/a9fq7BuJjQ
— Jim Perry (@mi_jim) April 4, 2014
- WA’s Gesa CU to match community member’s donations in support of survivors of last month’s deadly mudslide http://bit.ly/1edn5nI
- PA’s Patriot Federal Credit Union unveils new video teller – tackles questions like “are you getting rid of tellers?” http://bit.ly/PoBaso
- Report by ny times: Chase hopes branch of the future will “fundamentally upend Americans’ relationship with banking” http://nyti.ms/1dQD2W2
- Philadelphia’s Mayfair Federal Credit Union liquidated by The NCUA, members/deposits assumed by Freedom Credit Union http://bit.ly/1lzIork
- NH Bankers Association using new market study to push for end of credit union tax breaks http://bit.ly/1gfU36L
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That’s all for this week. A special shout out to everyone attending this week’s Financial Brand Forum – hope you were inspired. If we missed an important story, drop me a note.
