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Weekly Wrap-Up 01.17.14

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For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week:

Mergers & Acquisitions

Naples, FL-based First National and Shamrock banks approved for merger http://newspr.es/1jaKtZq

Bay Commercial Bank to acquire Community Bank of San Joaquin for $4.8M http://bit.ly/1czwYKm

Southwest Bancorp in Oklahoma Selling Three Kansas Branches http://bit.ly/Kn85KV

WA’s Lacamas & iQ credit unions to merge http://bit.ly/19wvBkC

Bridge Bancorp, Inc. receives regulatory approvals to acquire FNBNY Bancorp http://bit.ly/1hqUoqs

TN’s TriSummit Bank and Community National Bank of the Lakeway Area to merge http://bit.ly/1hXwS7h

Simmons First National Bank acquisition of Metropolitan National results in 28 branch closures, 12 in NW Arkansas http://bit.ly

Great Southern Bank to acquire 2 branches from Boulevard Bank in Neosho, MO http://prn.to/1fxv9W0

Seattle’s WaFed completes acquisition of 51 branches from Bank of America http://bit.ly/1aZxFN9

Louisiana’s Iberia Bank to acquire Teche Holding Co. Some branches will be consolidated; some jobs eliminated http://bit.ly/1hSRXzR

Marketing

MI’s OMNI Community Credit Union launches thank you campaign w/hot chocolate and cash rebate http://bcene.ws/1aOJ8mu  pic.twitter.com/nkQhX0xbWC

Listerhill Credit Union woos Gen-Y w/intensive campus outreach http://bit.ly/19u2HSh

The Financial Brand asks for your input on “27 Critical Questions About Retail Bank Marketing in 2014″ http://bit.ly/1cdq79s

In case you missed this: Business Week asks “What should a bank smell like?” http://buswk.co/1alsj2d

Mobile

Five UK banks will adopt the Zapp Payments app for smartphones and tablets http://bit.ly/1m496GZ  rollout expected by 3rd Qtr

Article in Mobile Payments Today says as mobile banking grows, all banking channels must ‘speak’ with each other http://bit.ly/KeV1Yb

Industry News

MI’s Flagstar Bancorp to slash 600 positions as part of restructuring http://bit.ly/1hxE8nO  expects to create annualized savings of $40M

Wells Fargo plans to build a technology banking practice in New York City this year as part of a national expansion http://bit.ly/1b0REis

“The definition of a branch is changing from what you’d traditionally think.” – BofA CEO Brian Moynihan http://bit.ly/1ditFus and CFO Bruce Thompson said BofA’s branch network could fall below 5,000 branches in 2014. http://ubm.io/1asJpI1

Navy Federal Credit Union also makes the 2014 Fortune Magazine 100 Best Companies to Work for list http://cnnmon.ie/1d9vl6f

Umpqua Bank makes the 2014 Fortune Magazine 100 Best Companies to Work for list again! http://cnnmon.ie/1eMwCoJ

Troy, MI-based Talmer Bancorp plans IPO of $230M; possible plans to finance major expansion into the Chicago market http://bit.ly/1iVbRba

Wells Fargo eclipses JPMorgan as most profitable U.S. bank http://lat.ms/1iTxVCT

Our CEO, Joe Sullivan shares his thoughts on “Repositioning for Growth” in the first of a three part series: http://bit.ly/1frUgtr

Big banks reassess internship programs, relax rules for junior employees http://on.wsj.com/1aj7iBK

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That’s all for this week. If we missed an important story, drop me a note.


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