I didn’t make it to sunny Florida for #ICBALive15, but Ann Chen, ICBA’s Director of Social Media Engagement, made sure everyone stayed connected. Thanks Ann! In case you missed all that Twitter activity, here’s this week’s recap from my Twitter feed:
Trending
Montgomery, AL’s MAX Credit Union issues commemorative Selma debit card http://t.co/GwzQSDW9bj via @CookeonCUs pic.twitter.com/nh2g6ueyOf
— Jim Perry (@mi_jim) March 4, 2015
Mergers, Acquisition – Expansion, Consolidation
- Key Bank being petitioned to reopen Phoenicia, NY (pop. 309) branch. http://bit.ly/1KqXHQd
- Wilmington-based @WSFS agrees to buy PA’s Alliance Bancorp for $92M http://bit.ly/1BNYnd1
- Indiana, PA-based S&T Bancorp and Integrity Bancshares announce completion of merger http://prn.to/1DYM5xv
- Teton Bancshares Inc. of Fairfield and Intermountain Bancorp Inc. of Bozeman to merge http://bit.ly/1NklcJE
- HomeTrust Bank CEO believes “community banks need size and scale to survive” http://bit.ly/1zIZW6a
- In Maryland, Howard Bank plans to merge with Patapsco Bank http://bsun.md/1B6iZuW
- Seattle’s @HomeStreetBank expands to California with Simplicity Bank acquisition http://bit.ly/1Gjuzr2
- Regions Bank to launch aggressive Houston branch expansion this year http://bit.ly/1KcBvJt
- First Community Bank closing branch in WV’s Mercer Mall (anchored by JCPenney & Sears…yikes) http://bit.ly/1KcAlxB
- Mid Penn Bank completes Miners Bank merger http://bit.ly/1FReogV
- Wintrust restarts Illinois deals engine with agreement to acquire the parent of Community Bank-Wheaton/Glen Ellyn http://bit.ly/1AS0AmV
- Durham, NC’s Square 1 Financial to be acquired by Los Angeles, CA-based PacWest Bancorp http://bit.ly/1BQTmBP
- Ronan, MT-based Community Bank acquired by Glacier Bancorp http://bit.ly/1AB7BUl
- First Bank receives approval for acquisition of six branches in Virginia http://bit.ly/1E9EwoF
- Centennial Bank acquired Doral Bank’s Florida Panhandle branches http://bit.ly/1EFfBdk
- Wisconsin’s Johnson Bank pursues wealth services, commercial growth http://post.cr/18EctCu
Branch Evolution
- Story on new branch: bank is “expanding…in search of new revenue outside its home market.” http://bit.ly/1NpgUko Sound familiar?
- New @FifthThird branch in Niles, IL has ‘Smart’ ATMs (“like self checkout lanes at grocery”) http://bit.ly/1B4UePI
- Low-volume branches account for 25% of most retail branch networks – and @MeredithJDeen says that # is increasing http://bit.ly/1AB5OOZ
Marketing & Branding
- FYI: @NavyFederal, @CapitalOne, @AmericanExpress make @FortuneMagazine‘s 2015 100 Best Companies to Work For List http://bit.ly/1w6Qn5G
- OH’s @toledonews reports @BuzzPoints brings rewards to smaller credit union members in Ohio http://bit.ly/1MejB6E
- Battle Bean #Coffee is now open in @youracu #JBLM Main branch Drive Up. Stop by for a #cup of Joe! @JBLMMWR #CoffeBean
- Raleigh, NC TV station runs story promoting Walmart and @gobank. Check out the POP marketing http://bit.ly/1zXIVpO
- Issaquah, WA-based @Costco says @Citi-Branded Visa Card will replace @AmericanExpress http://bit.ly/1EJYZku
- OH’s International Harvester Employee Credit Union is changing its name to IH Credit Union http://bit.ly/1EJ9ZP3
Mobile & Digital Transformation
- From @BankTechNews: Swedish start-up @qapitalapp thinks app will prod Millennials to save http://bit.ly/1ETipn5
- A company in Delaware, The @FinancialSpark, launches new product for small and mid-sized banks http://delonline.us/1x04k0z
- Mike @corones on banking on the future of mobile money for @Reuters http://reut.rs/1H5tGzY
- ICYMI: @Forbes looked at building trust with digital marketing at U.S. Bank http://onforb.es/17B7otf
- Credit unions lead new round of 18 #ApplePay additions http://bit.ly/1NewrTX
- Just read @growfinancial has integrated #ApplePay http://bit.ly/1aJMs5w CEO says it “keeps us on the leading edge of technology adaptation”
- The @StrategyCorps‘ @SicilyAxton on How @AllyBank unified the online, mobile & tablet experience http://bit.ly/1BPkOQs via @FinancialBrand
- Banks redefine role of teller in move toward technology http://bit.ly/17J49QE
Industry News
David De Cremer @HarvardBiz on “Why Our Trust in Banks Hasn’t Been Restored” http://t.co/QydmcCL9dY #mustread
— Jim Perry (@mi_jim) March 3, 2015
- Pioneer Bank of Troy, NY lost control of sensitive customer account information after bank employee’s laptop stolen http://bit.ly/1EJIkNZ
- Credit union champion remembered, honored by @mncreditunions http://bit.ly/1Magk8B
- New rules give big banks an incentive to shrink their balance sheets, but the biggest banks aren’t ready to shrink http://bloom.bg/1M8BpOJ
- Did you notice that big CUs and Online Banks dominate @GOBankingRates ‘definitive’ list of Best Banks & CUs 2015 http://bit.ly/1EfVLGq
- ICYMI: Here’s a look at @ICBA‘s 2015 policy priorities announced by incoming chair @jjhartings at #ICBALive15 http://bit.ly/1wUJIXk
- RBS cutting up to 14,000 investment banking jobs by 2019 http://for.tn/1aLdRUG
- The Wisconsin Bankers Association and the Community Bankers of Wisconsin have merged under the @wisbank name. http://bit.ly/1DDuVTv
- Feds investigating possible theft of $1.7M from VA’s Centra Health Credit Union http://bit.ly/1GD6clu
- National leadership for @ICBA to be elected this week at #ICBALive15. Congrats to new chair, OH’s Jack Hartings http://bit.ly/1DJtIMR
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.