Happy Halloween! Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts:
Trending
#Halloween at 12 CUs http://t.co/vg7xyvihJM (e.g. @ElementFCU‘s Zombie Card “It’s a No Brainer”) via @GOBankingRates pic.twitter.com/xq0up6PgNT
— Jim Perry (@mi_jim) October 30, 2014
Mergers, Acquistion – Expansion, Consolidation
- Bank of the Sierra expansion gets shareholder OK http://prn.to/1wN8uKI
- Riverview Financial Corporation to acquire Citizens National Bank of Meyersdale http://bit.ly/1s09wid
- WI’s AnchorBank selling Richland Center branch to The Peoples Community Bank of Mazomanie http://bit.ly/1E8eK2V
- More Whitney Bank branches in Houston sold http://bit.ly/1wMsc8m
- Royal Bank of Scotland earmarks 5% of branches for closure http://bit.ly/1zlSjaH
- In Tennessee, Citizens Bank and Traders Bank to merge http://bit.ly/1wk48f9
- Salisbury Bancorp, Inc. and Riverside Bank announce approval of their proposed merger by shareholders http://bit.ly/109riaT
- Pacific Commerce Bank to acquire Vibra Bank http://bit.ly/13oU0aa
- S&T Bancorp to acquire central Pennsylvania-based Integrity Bancshares in $115M deal http://bit.ly/1vnHwWD
- First Choice Community Federal Credit Union to merge with Erie Federal Credit Union http://bit.ly/1FYv0p6
- Vectra Bank (part of @ZionsBank) opens new 9,100 sq ft branch in Centennial, CO http://bit.ly/1q2wBjz Is bigger better?
- Stephenson National Bank and Trust adds new offices in Wisconsin & Michigan with merger http://bit.ly/1zi8Igc
- WesBanco furthers expansion into Pittsburgh market w/ESB Financial merger http://bit.ly/1xF3FCg
- The Stephenson National Bank & Trust of Marinette, WI and Bank North of Wausaukee, WI complete their merger http://gbpg.net/1nPr4B4
- In Oklahoma, First United Bank and First American announce merger http://bit.ly/1FUXmAH
- Eastern Bank acquires NH’s Centrix Bank http://bit.ly/1yHrj21
- VA’s First Community Bank completes acquisition of BofA branches in VA & NC http://bit.ly/1zfbNO9
- Credit Union of Ohio vacating OSU-owned office http://bit.ly/1rRJ7Da University has exclusive banking relationship w/@Huntington_Bank
- Centennial Bank completes acquisition of 5 Mutual of Omaha Bank branches in Colorado http://bit.ly/1305gcR
- Allentown, PA-based National Penn Bank completes acquisition of 3rd Fed in Newtown http://bit.ly/1xzvv2P
- Follow up to last Thursday’s tweet: Lloyds Banking Group decides to cut 9,000 jobs and 200 branches http://bit.ly/12ZZkk7
- IBERIABANK Corporation to acquire Old Florida Bancshares http://prn.to/10v31gy
- National Republic Bank of Chicago failed last Friday; deposits transferred to Texas bank http://bit.ly/1nSFa4D
- Peoples Bancorp completes acquisition of North Akron Savings Bank http://prn.to/1su87zj
- Lansing, MI’s Lake Trust Credit Union to redevelop part of downtown Lansing http://bit.ly/1DSv33O
- TX’s PlainsCapital closing 11 Rio Grande Valley branches http://bit.ly/1twNucj
- A $31.8M intrastate transaction will give AR’s Magnolia Banking Corp. a presence in Texas http://bit.ly/1DSt2EQ
Marketing & Branding
- In case you missed this: #mustread article in @EntMagazine by @JimJosephExp on brand positioning http://entm.ag/1tfxgmx
- Spanish-based financial institution @bbva goes deeper w/@NBA partnership – grows beyond title sponsorship http://bit.ly/1yLTKfv
- City County Credit Union of Fort Lauderdale, FL has changed its name to We Florida Financial http://bit.ly/1q2x98W
- PA’s Tobyhanna Federal Credit Union will change its name to Valor Credit Union in January. http://bit.ly/1u9w7PB
- So @getMoven gets into the #Halloween spirit – uncovers paranormal activity in new apartment. Video evidence: http://bit.ly/101BW3z
- American Express is launching two new content marketing programs centered on service http://bit.ly/1wHSQ5O
- Since 1990 Maine CUs have raised over $5.3M to help end hunger http://bit.ly/1teDEL6 CUs in Wisconsin join effort http://bit.ly/1Dpj77y
- Stony Brook University, Island Federal Credit Union announce $7M partnership for naming rights to school’s arena http://nwsdy.li/1rRI1XP
Mobile & Digital Transformation
- A banking giant and payment startup unite to modernize money transfer http://bit.ly/1wNRl5Y
- In 2013, over 90% of the $1.3B in US mobile payments took place at @Starbucks http://bit.ly/10CPEem
- Mobile banking apps ratchet up pressure on bricks-and-mortar institutions http://nerd.me/1yI9ccy via @NerdWallet
- CurrentC squares off against Apple Pay http://bit.ly/1xF5AGS
- Millennials and high earners drive North American adoption of mobile money and digital currencies http://bit.ly/13iQUEo via @Finextra
- Survey by @AmerBanker: mobile banking widely available, users scarcer http://bit.ly/1tke3QK no wonder given how mobile is marketed by some
- Apple Pay activates 1 million cards in 72 hours http://bit.ly/1wENsg5
- .@facebook now makes 2/3 of its money from mobile http://cnnmon.ie/1rS8jJE
- Some retailers shut down ApplePay. @popeyesm asks if m-payment is “a solution desperately searching for a problem” http://bit.ly/1zekkAQ
- Here’s how TD Bank’s no-teller branch at Baltimore, MD’s Canton Crossing works http://bit.ly/1FSbE54
- Commercial Bank of Dubai has launched a virtual bank branch for Facebook http://bit.ly/1oQw35d
Industry News
- According to @CUNA, Sept.’s @HomeDepot data breach cost credit unions almost $60M, 7.2M credit & debit cards affected http://bit.ly/1wNiXXn
- In new study, @Chase rates highly in J.D. Power small-business banking survey http://trib.in/1wMmrYf
- Report from @pewresearch shows on-base banks, credit unions should offer service members more info online http://bit.ly/13a1FJl
- 28 charged in alleged ID theft and bank fraud scheme in Minnesota, defendants include former bank supervisor & teller http://bit.ly/1thm4Es
- Credit unions forced to close marijuana accounts http://bit.ly/1FPRA2Y via @CookeonCUS
That’s all for this week. If we missed an important story, drop me a note.
