Weekly Wrap-Up 11.28.14

Ready for some Thanksgiving leftovers? Here’s my #BlackFriday recap of stories I’ve been talking about on Twitter this week:

Hotbed for banking in Richmond, VA: Chesapeake Bank begins new branch next door to new branch for Park Sterling Bank http://bit.ly/1tt2hil
First Foundation Bank and Pacific Rim Bank to merge http://bit.ly/1vN2Fzc
The @federalreserve reports sharp increase in banking mergers and acquisitions http://bit.ly/1rt7c38
Eastpointe, MI welcomes new high-tech, mulit-million credit union http://bit.ly/11TuIQ6
Nevada continues to lose bank branches as the industry trims down and services get increasingly electronic http://bit.ly/1yRbKop
In Missouri, Alliance Bank to absorb Capaha Bank for undisclosed sum http://bit.ly/1xyvsmK
6/30/14 FDIC call report showed US deposits surpassed $10 trillion, only 7.3% held by institutions under $500M assets:

Farmington, NY’s Generations Bank has no on-site tellers http://on.rocne.ws/1y84irX Pres/CEO: “No one is going to be tied up in a teller line”
First Hawaiian Bank branch rolls out their next-generation of branch design http://bit.ly/1vJhHWt
Houston, TX serves as pilot for Whitney Bank’s new “less is more” branch concept http://bit.ly/1r9EvO5
Comerica Bank planning demolition, redevelopment of MI branch to ‘right-size’ property http://bit.ly/1FnqAVI
FDIC economist Richard Brown: “The demise of branch banking has been somewhat exaggerated” http://bit.ly/11S5VwD

Check this out: “This #BlackFriday make sure your phone & wallet are now one. Add your @Chase Visa to #ApplePay http://chase.com/applepay “
IN’s Interra Credit Union gets in on #BlackFriday craze http://bit.ly/1zu66IW
Looks like @TDBank_US has done it again: Empowering customers to make a difference in the community http://bit.ly/15mjCFu #MakeTodayMatter

Another point of view: Checkbook is dead, cards will soon follow http://bit.ly/1vIPAXI via @freeformers_uk
“Apple Pay is going to be a slow burn success” http://nyti.ms/1y5TyXK

Congress gets pressure from @NAFCU for data security mandate on retailers http://bit.ly/1vUOx7x How’s that for #BlackFriday news!
Say a holiday prayer for George Bailey and the disappearing American community banker. http://reut.rs/1trDlId
Reuters @rob1cox calls @ICBA the Tea Party of American banking; cites “plaintive cries of a dying breed of banker” http://reut.rs/1ztNWa8
FL’s North Dade Community Development FCU fined $300K for inadequate controls for money-services business customers http://on.wsj.com/1vN4zj7
Milwaukee-based UW Credit Union hit by $175M scam http://bit.ly/1y0K4jT via @CookeonCUs
Regulation. Restructuring. Revolution. What will be #IBTop10Challenges in 2015? http://bit.ly/1xEW0To
Overlooked Colorado law opened door to pot credit union charter http://dpo.st/15dRu7t

That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.