Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts this week:
Trending
From @HarvardBiz Rethinking the Bank Branch in a Digital World http://t.co/BiTMOTPEVd “leading banks are reinventing” pic.twitter.com/MWddO0NybZ
— Jim Perry (@mi_jim) September 16, 2014
Mergers, Acquistion – Expansion, Consolidation
- VantageSouth becomes Yadkin Bank in Wilmington, NC http://bit.ly/1sakMxH
- Flat Rock,MI-based DT&I Employees Credit Union & Wyandotte-based NuPath Community Credit Union have agreed to merge http://bit.ly/1p2hAxs
- Oxford, NC’s Union Bank expands with new branches in Cary, Raleigh http://bit.ly/XKmic2
- Merger of Northern California’s Tri Counties Bank and North Valley Bank receives approvals http://bit.ly/1s8iajZ
- National Penn to lay off 77 in TF Financial acquisition http://bit.ly/1mfi8EL
- Park Cities Financial Group to acquire CU Bank Shares in deal worth $593M in assets http://bit.ly/1qYGm5U
- In Ohio, Westfield Bank completes Valley Savings Bank acquisition http://bit.ly/1mhQtTd
- Suncoast Credit Union charter change leads to Sarasota County, FL expansion http://bit.ly/1mdJ0oc
- TD Bank passing BofA as No. 3 NYC bank by branches by 2016 http://bloom.bg/1DiKFhz
- Peoples Security Bank & Trust establishing first Lehigh Valley branch in Bethlehem, PA http://bit.ly/1smCpVe
- In California, 35 community organizations call for hearings on OneWest and CIT Bank merger http://mwne.ws/1wpqgms
- One year after PNC closed its Clairton, PA (pop. 6,796) branch, the bank has installed an ATM at City Hall. http://bit.ly/1uT92g2
- Launch Federal Credit Union will break ground on its future branch in Orange City, FL http://bit.ly/1m7JOLA
- In Illinois, Ottawa Savings Bank to merge with Twin Oaks Savings bank http://bit.ly/1sfR191
- Huntington Bancshares expands in Michigan with finalization of its acquisition of 24 Bank of America branches http://bit.ly/XbqPUn
- E-banking leads to fewer branches in the Scranton/Wilkes-Barre metro area http://bit.ly/1q77MBs
- Capital West Bank merger into ANB Bank on after Fed review http://bit.ly/1qQDzMa
Marketing & Branding
- FirstBank targets mid-sized business – “Let’s create jobs. Let’s leave a legacy that matters.” http://bit.ly/1u6kmsr
- Carolina Collegiate CU promotes tech w/”Banking In Your Boxers” campaign http://bit.ly/1sB0V51 via @CreditUnionJrnl
- University of South Florida & @growfinancial partner again w/new football game day promotion to “Grow the Noise” http://on.wtsp.com/1sal9bA
- Boomer Myth Buster: why “mobile first” should be the mantra for web design http://bit.ly/1uoIBjU
- WI’s @SummitDoMore CU taps teen spirit to grow number of younger members http://bit.ly/1ud411b MT @FinancialBrand
- Eastern Bank brands Mass turnpike ATMs http://bit.ly/1wCKlsl
- Northern NJ bank opens “mini-branch” (open 3 hours on Fridays) in retirement community http://bit.ly/1phYF0M
- Trying to connect w/Boomers? Remember, 83% of Boomers use the internet to find information before any other medium http://bit.ly/1qQVeDo
- Commercial lending is taking off in a big way at credit unions in West Michigan (like @LMCU) http://bit.ly/1tVP6Zk
Mobile & Digital Transformation
- How @getMoven, a venture-backed mobile banking app, landed in suburban Philly http://bit.ly/1pkqo0M
- Banking Vs. Google, Apple and Amazon – loyalty is down, regulation is up, threats loom…what’s a banker to do? http://onforb.es/1mfder9
- In case you missed this: iPhone 6 breaks Apple pre-sale record: 4 Million In 24 Hours http://bit.ly/Xd3VM4
- New list: @NavyFederal, @Chase, @simple, @usbank among 12 top-rated banking and credit union apps http://bit.ly/1r0FfBq via @GOBankingRates
- ING introduces a voice-controlled #mobile banking app http://bit.ly/1u6QYP0
- “Only if mobile payments significantly reduce profitability of whole banking system will branch shrinkage accelerate” http://on.wsj.com/1r3jhPU
- Novantas’ Rob Rubin: Growing Demand for Mobile Banking Hurts Small Banks/CUs http://bit.ly/XbnnJa @FinancialBrand
- Mobile banking firm @MonitiseAmerica posts bigger loss http://reut.rs/1nXcS3Q
- Can Apple help drag banking into the modern age? via @dobes http://zd.net/1BFSso3
Industry News
- St. Louis Fed hosting its second community banking conference next week http://bit.ly/1tvjiMX
- First Choice Federal CU in New Castle, PA filing a proposed class-action lawsuit against Home Depot for data breach. http://ow.ly/BGatb
- UNO study shows the number of community banks in the U.S. has plummeted 50 percent in the last 20 years http://ow.ly/BGadv
- Banking antiques need a new home http://bit.ly/YXN81w
- DePaul’s @LamontBlack suggests local food movement is good for community banking http://bit.ly/1p18z7O in @AmerBanker. What do you think?
- One Nevada Credit Union issues 12,000 new debit cards after Home Depot data breach http://bit.ly/1r0G9Ou
- Insights from @Chris_Skinner on things that are like banks: e.g. “Near Banks”, “Like Banks” and “New Banks” http://bit.ly/1AR2m3X
- Cincinnati, OH area credit union chiefs say “bank regulations hurt us, too” http://bit.ly/1t57vEZ
- Everett, WA paper mill’s gone, but credit union thrives http://bit.ly/1q78sqq
- The myth: Big banks aren’t lending to small businesses. The fact: take a look at what @Chase is doing in Denver. http://bit.ly/1tVMBGl
- Former Home Depot managers depict “c-level” security before hack: http://buswk.co/1xVIXm7
That’s all for this week. If we missed an important story, drop me a note.
