Merger/acquisition news was a little quieter this week. Yet, there were still several important stories to follow. 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
- Space Coast Credit Union plans to relocate one of its Port Orange, FL branches http://bit.ly/UUixQ
- MN’s Wings Financial CU sets plans for new branch location http://strib.mn/1nnZhkS
- Yadkin Bank shareholders approve merger with NC’s VantageSouth http://bit.ly/1lGtVZn
- The NCUA approved 32 consolidations in April, up from 22 for same period in 2013. http://bit.ly/1qsQpjY
- PA’s Univest Corp. acquires top performing community bank, Valley Green Bank, for $76M in stock http://bit.ly/1rbFskm
- Nebraska’s MembersOwn and Ameritas Employees Credit Unions plan to merge http://bit.ly/1q7YBDQ
- Merger between PA’s The Victory Bank and Huntingdon Valley Bank moves forward. http://bit.ly/1i5kL9B
- Delaware’s WFSF Bank to merge w/First National Bank of Wyoming (DE) http://delonline.us/1nMyIIQ
- Birmingham’s National Bank of Commerce’s parent company to acquire Orlando’s United Legacy Bank http://bit.ly/1p8WSgc
Marketing
- HGTV star Carter Oosterhouse stopped back in his home state to talk about his partnership w/@LMCU http://bit.ly/1l68r8N
- Battle Creek, MI’s Post Community Credit Union announces new brand identity, new branch http://bcene.ws/1lJp9WO
- Capital One is pledging to make it easier for people with bad banking histories to qualify for checking accounts http://cnnmon.ie/1p9O4IS
- AmEx backs documentary highlighting the unbanked poor – “Spent: Looking for Change” http://bit.ly/1lrmocD
- New president of CT’s CorePlus Federal Credit Union uses branch visits to take the pulse of member opinions/needs http://bit.ly/U1WeHJ
Mobile
Australia’s @bendigobank has launched a mobile payments service for consumers called “redy” http://t.co/Mz5JQcCRdr pic.twitter.com/PjU2hZSCGP
— Jim Perry (@mi_jim) June 19, 2014
- If you use @simple, the company is now making it easier to transfer money to and from your account http://tnw.co/1ssYnf5
- Navy Federal Credit Union taps @AcumenSolutions to boost mobile banking application ratings http://on.mktw.net/STirXr
- The @CFPB begins a probe into #mobile banking “to better understand the needs and challenges consumers face” http://bit.ly/1iDJJb9
Industry News
- Melissa Bean, a former three-term member of Congress, has been named chair of JPMorgan Chase’s Midwest business http://trib.in/1iKEK8G
- PA’s Univest Corp. acquires top performing community bank, Valley Green Bank, for $76M in stock http://bit.ly/1rbFskm
- BMO hires former U.S. Bank VP to lead Twin Cities business banking – Congrats Ehren McGeehan http://bit.ly/1vXWEwA
- New positions and new opportunities key to credit union’s growth plan – shout out to new “member experience manager” http://trib.in/1r6zYr1
- The city of Miami has filed a lawsuit against JPMorgan Chase accusing them of discriminatory mortgage loan practices http://bit.ly/1q9tvf4
- In @NerdWallet’s Consumer Banking Index by region: credit unions top list; nationally, Ally Bank & Capitol One 360 http://bit.ly/1slctio
- In case you missed this: @WellsFargo on the cusp of becoming the most valuable U.S. bank of all time http://on.wsj.com/U62rT5
- An interview w/Christopher Giamo, president of the TD Bank region that serves parts of NY, NJ http://nwsdy.li/1i0mv3O
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By the way, I often help clients improve their corporate culture. Here’s 2 simple ideas from @Inc that can help strengthen your company http://bit.ly/UQfYyR. That’s all for this week. If we missed an important story, drop me a note.
