It has been a great week. Special thanks to the folks at Western Independent Bankers for an awesome Education Summit in LaJolla, CA. Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts this week:
Trending
We told you it was coming: @Walmart is teaming up with @greendotcards; prepares to offer checking accounts http://t.co/sJ1vL311X1
— Jim Perry (@mi_jim) September 24, 2014
Mergers, Acquisition – Expansion, Consolidation
- TD Bank will try a new concept w/Baltimore City branch: different staffing, new technology http://bit.ly/1pvMxJJ
- Quinnipiac Bank & Trust Company shareholders approve merger with Bankwell Bank http://bit.ly/1wNlRKc
- It’s official: Seattle’s Federal Home Loan Bank and Des Moines FHLB to merge http://bit.ly/1qC6TRv
- Community banks need to redesign their branches, says a panelist at the upcoming @BAI_Info Retail Delivery 2014 http://bit.ly/1DydTJu
- First Community Bank seeks FDIC OK for Milpitas, CA branch http://bit.ly/1vkhh59
- MO’s Metcalf Bank heads west with 7-branch acquisition http://bit.ly/1wMjvey
- Associated Bank closing one branch in Wausau, opening a new state-of-the-art branch on city’s west side http://wdhne.ws/1sjDza3
- Riverside Community Bank announces merger w/sister bank, Galena State Bank – changing name to Illinois Bank & Trust http://bit.ly/1msktfj
- First Western, Sunflower banks in Colorado and Kansas agree to merger http://dpo.st/1prW5Fo
- In MN, Crow River Bank locations acquired by Wilcox Bancshares http://bit.ly/ZbUizm
- “We have been banking for so long we don’t even realize how uninviting it is” – Exchange Bank CEO on branch upgrade http://bit.ly/1tWUSMM
Marketing & Branding
- Starting next year, new NY law lets banks and credit unions offer prize giveaways to reward savers http://bit.ly/1utnz5r
- P.S. To attendees of my 9/23 @WIB_Bankers presentation: @FinancialBrand just found another example of guerrilla mktg: http://bit.ly/1psJpye
- RT @WIB_Bankers: Getting started this morning with @mi_jim in our new Marketing Track. We’re excited to have him! #EducationSummit14
- The @FinancialBrand looks at how much CUs spend on marketing ($550M); and how much they should spend. http://bit.ly/Zd0A1A
- MasterCard is launching a campaign to prod work-obsessed Americans to take some well-earned time off. http://bit.ly/1rtfdst
- A credit union’s balloon lands — after traveling all the way from Michigan to Maine. http://bit.ly/1r3RM9M via @FinancialBrand
Mobile & Digital Transformation
- Mitek’s @annreichert for @FinancialBrand: smartphones are changing the way #millennials bank http://bit.ly/1rk7SMw
- BMO Harris online, mobile banking working again – offline since Monday http://trib.in/1sW5t68
- A digital (banking) channel has to be frictionless. Customers need to get to their destination in a couple of clicks. http://onforb.es/ZbTPwZ
Industry News
- Shout out to @FirstMerit‘s Sandy Pierce, named one of most powerful women in banking by @AmerBanker http://bit.ly/1t227i6
- CUs have increased their market share in home loan originations from 3% to 10% over the past decade http://on.wsj.com/ZPOv2m
- Take a look at @dankadlec‘s thoughts on how #millennials will change the way you bank http://ti.me/1uGmnb2
- KeyCorp Chairman and CEO Beth Mooney has been named the Most Powerful Woman in Banking http://bit.ly/1uh6Ulq
That’s all for this week. If we missed an important story, drop me a note.
