The holiday season is in full swing, and the year is winding down. This is the last full business week of the year so here’s a recap of stories I’ve been talking about on Twitter this week:
Trending
The @FinancialBrand‘s @JimMarous: building a digital bank is a matter of survival http://t.co/cGeTtgvfjM #mustread pic.twitter.com/fz55AVAAJt
— Jim Perry (@mi_jim) December 17, 2014
Mergers, Acquisition – Expansion, Consolidation
- In DesMoines, IA, Earlham Savings Bank opens next week in an old bus depot http://dmreg.co/1x4KJ4d
- United Bank shifts branch consolidation plan http://cour.at/1GyefQR
- New Six Corners Bank of America branch opens, paving way for redevelopment of Chicago neighborhood http://dnain.fo/1v31I0z
- Shareholders, regulators approve merger of Community Bank Shares of Indiana and KY’s First Financial Service Corp. http://bit.ly/13CdyIA
- Arvest faces suit over acquisition of Union Bank http://bit.ly/1sD0msC
- SWS and Hilltop expect their merger to be completed by year’s end http://bit.ly/1BY7ckH
- In Illinois, Ottawa Savings Bank and Twin Oaks Savings Bank receive approvals necessary to complete merger http://bit.ly/1AoqLii
- Maine local food movement inspires creation of credit union focused on small farms http://bit.ly/1xloBCf
- In Mississippi, Wesley Health Systems Federal Credit Union to merge with Keesler Federal Credit Union http://bit.ly/1uYG2mm
- Oakland’s Community Bank of the Bay branches out http://bit.ly/1yWE07v
- University of Iowa Community Credit Union plans expansion to Quad Cities http://bit.ly/13bvZ5F
- In Florida, Continental National Bank applies to open first Doral branch http://bit.ly/1wgxLP5
- Ohio’s Lorain National Bank merging, changing name http://bit.ly/1uYDtRc
- National Bank of Commerce’s parent completes Orlando acquisition http://bit.ly/1wYKSWM
- Spencer Savings completes acquisition of NJM Bank http://bit.ly/1wFesib
- Northwest Bancshares enters suburban Cleveland and Akron markets through merger with LNB Bancorp http://bit.ly/1wCpSTK
- Kansas, Missouri credit union associations consider combining http://bit.ly/1zsaOrT
- Central Montana banks merging http://gftrib.com/1qVAeO5
- First South Bank adds nine Bank of America branches with acquisition http://bit.ly/1DFOpN1
- UMB acquires Meridian Bank http://bit.ly/1DFO90t
- TowneBank acquisition of Franklin Financial gets regulatory approval http://bit.ly/1wa42Hw
- In New York, Bridge Bancorp to acquire Community National Bank http://on.mktw.net/1wxnduJ
- CresCom Bank completes 13 branch acquisition, adds branches in South Carolina and expands into SE North Carolina http://on.mktw.net/1Ad9mZD
- NY-based CIT Group considers opening bank branch in Chicago http://trib.in/1yRFHmI
- First Peoples Bank, Greenville Banking Company announce merger http://bit.ly/1uI8UOu
Branch Evolution
- In Wausau, WI: @AssociatedBank sites: 1 to upgrade, 1 to open, 1 sold http://wdhne.ws/1wOQAaG
- KS’ Citizens Bank of Weir — or CBW (its new name) is a financial testing ground http://nyti.ms/1zbVv7y via @dealbook
Marketing & Branding
- IL’s Scott Credit Union gives back $1.8M to members http://bit.ly/1wSXHz0
- TD Bank helps customers make big differences with #maketodaymatter marketing initiative http://bit.ly/1xsdHL0
- Washington Credit Unions Eye Commercial RE http://bit.ly/1wFrjjg
Mobile & Digital Transformation
- The @WSJ suggests mobile’s rise poses a riddle for banks http://on.wsj.com/13kJikG
- US Bank predicts beacon-enabled personalized banking surge in 2015 http://bit.ly/1v35Ttc
- In case you missed this: Australia’s Westpac to debut fingerprint access for mobile banking http://bit.ly/1q1Psk0
- KeyBank hit with computer problems; online banking and ATMs affected http://bit.ly/1C4n6az
- Mobile Payments: How You Pay vs. Who You Pay http://bit.ly/1zs0qBA via @chuckmartin
- Consumers concerned about data security, but say their banks are the most trusted w/credit card & personal info. http://bit.ly/1GLLDBQ
Industry News
- NY’s Gov. Cuomo signs historic credit union field of membership expansion bill into law http://bit.ly/1wSWdEJ
- Subsidiaries of two Knoxville, TN-area credit unions to form a jointly owned title company. http://bit.ly/1GU3whU
- As Monterey Credit Union converts to a bank, state regulators mull how to interpret the law http://bit.ly/16vqUYa
- Bank of America and US Bancorp sued by @TheNCUA http://bit.ly/16vqGjM
- Book Review: The End Of Banking http://bit.ly/1uW6dcn
- The Death Of Banking: A LendingClub Story http://bit.ly/13toHv7
- Happy to be among those who added to @JimMarous‘ Top 10 Retail Banking Trends and Predictions for @FinancialBrand http://bit.ly/1GHAban
- Community Banker of the Year: C1 Financial’s Trevor Burgess http://bit.ly/13q5iLr via @AmerBanker
- In case you missed this: Busting Barriers to Growth for Small Banks & Credit Unions http://bit.ly/1Dax9Pz @mi_sullivan for @FinancialBrand
- Commodore Perry FCU fighting a big battle in Washington http://bit.ly/16nZZ0f (pictured: @CookeonCUs & CPFCU execs)
- The 8 largest banks fear mass branch closings, layoffs over Fed’s proposal http://bit.ly/1uMONzQ
- Are the colossal fines extracted from big banks likely to deter their officials from violating the same rules again? http://nyti.ms/1w9mbVG
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.