We made it through Black Friday, Cyber Monday and Giving Tuesday. Here’s my recap of stories I’ve been talking about on Twitter this week:
Trending
The @FinancialBrand examines global study on consumer attitudes about banking http://t.co/9QLK0j7Uyg pic.twitter.com/P5LVDhITHw
— Jim Perry (@mi_jim) December 3, 2014
Mergers, Acquisition – Expansion, Consolidation
- Like so many small towns, Lowellville, OH will begin the new year without a local bank branch http://bit.ly/1tQKwuH
- Merger of Univest Bank and Valley Green Bank is moving forward and should be effective on January 1, 2015 http://bit.ly/1FYF0Oc
- Iowa’s Security National Bank to merge w/First Trust & Savings Bank of Moville http://bit.ly/1FYEFv1
- Detroit Church Credit Union seized http://bit.ly/1I3nN8b
- In Idaho, Les Bois Credit Union to become Mountain America http://bit.ly/12ySAtF
- Shareholders approve merger between Suffolk-based TowneBank and Franklin Financial Corp. of Richmond http://bit.ly/1vPBl1P
- TriCentury Bank completed its acquisition of bank branches in De Soto and Spring Hill from Equity Bank http://bit.ly/1I3lsdj
- Wings Financial Credit Union new branch project wins approval http://strib.mn/1tLOm7n
- Space Coast Credit Union is proposing a $30M expansion of its Baytree corporate office complex http://on.flatoday.com/1pSuO5P
- 47% of those who completed @BankDirector‘s 2015 Bank M&A Survey plan to purchase a healthy bank in next 12 months http://bit.ly/1yjBxaG
- In North Carolina, BNC Bancorp completes Harbor Bank buy http://bit.ly/1FJBqph
- In MA, Reading Cooperative Bank depositors to vote today on keeping the bank private http://bit.ly/1zdrrXe
- Banks, facing the onslaught of mobile banking, are stepping up branch closures. http://on.barrons.com/1FIVvh3 via @barronsonline
- A report from @BankDirector says more banks are looking for acquisition partners moving into 2015 http://bit.ly/1vZluzR
Branch Evolution
- Here’s an interesting take on what a bank branch will be like in 2025 from @Finextra and @OracleFS http://bit.ly/11YxW56
- In the UK, Barclays is introducing video banking, with face-to-face calls. Critics fear more branch closures. http://bit.ly/1rHwNeu
Marketing & Branding
- Bono, Bank Of America teamed up on YouTube on World AIDS Day – BofA donating up to $1M http://bit.ly/1AfadcM
- Yesterday, @CitizensBank invited public to #SetAnExtraPlate for #GivingTuesday http://bit.ly/1vlVih5 #socialmedia
- Andrew Bank at @getlarky on 6 seasonal ways community banks & credit unions can leverage ‘local’ http://bit.ly/1teNNU5 via @FinancialBrand
- Scandinavian bank @NordnetSE ad takes transparency to new level http://bit.ly/1yb1n1R video here http://bit.ly/1yCfWZP
- PA’s Tobyhanna Army Depot credit union changes name to Valor CU to expand appeal http://bit.ly/1wbmDno
Mobile & Digital Transformation
- 65% of U.S. Hispanics said they use mobile to check bank balance, make transactions & pay bills at least once a week http://bit.ly/1FPprGB
- Wall St. meet Silicon Valley: bank-backed firm buys chat service http://on.wsj.com/1FKTaCq
- Follow-up on 12/1 TDBank/@getMoven story: Why All Banks Should Pay Attention to the TD-Moven Alliance http://bit.ly/1ybOm88 @BankTechNews
- Americans reinvent their traditional shopping behavior: In weaker #BlackFriday weekend, mobile is the big winner http://bit.ly/1A6ClyC
- WOW @brettking! This week, Canada’s TD Bank will announce a partnership with @getMoven http://bit.ly/1yai8tT
Industry News
- Here’s a look at the Q3 2014 loan-to-deposit ratios for the five largest banks http://onforb.es/1vvJSao via @Forbes
- After 40 years as a banker, Betsy Cohen ends trailblazing career, retires as CEO of Wilmington-based The Bancorp http://bit.ly/1I3kPRg
- 5 big banks hold 44% of U.S. bank industry assets today vs. 9.6% of bank assets in 1990 http://bit.ly/1yirDYd I bet you can guess which 5!
- U.S. commercial banks’ deposit bases more than doubled from around $5T in late 2014 to $10.3T at the end of Q3 2014 http://onforb.es/1ypeTO0
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.