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 – Expansion, Consolidation
- Butte, MT-based EdTech Credit Union to merge w/Spokane, WA’s Horizon Credit Union http://bit.ly/QEXsXL
- Credit unions in Lea County, New Mexico merge http://bit.ly/1ihOKJJ
- In wake of merger, Umpqua and Sterling examining ‘redundancies’ http://bit.ly/1nMIc63
- Mercantile Bank Corp. executives reassure shareholders on Firstbank merger http://bit.ly/1lbDn6G
- Howard Bank agrees to buy Havre de Grace, MD branch from NBRS http://bit.ly/1gX5fGG
- Brentwood, TN’s Reliant Bank is pursuing a merger with Springfield-based Commerce Union Bank http://tnne.ws/1ntGSry
- Banner Bank set to buy Idaho Banking Co. http://bit.ly/1kcaLcg
- Stephenson National Bancorp of Marinette and PWB Bancshares of Wausaukee, WI have agreed to merge http://gbpg.net/1ihKlr4
- Banner Bank receives approval to acquire 6 branches ($226M deposits, $95M loans) in OR from Sterling Savings Bank http://on.mktw.net/QATXBv
- First Midwest Bank to acquire Chicago banking operations of Popular Community Bank: 12 branches, $750M in deposits http://mwne.ws/QxJSp9
- American 1 Credit Union opens new branch in Milan, MI http://bit.ly/1jArClV
- Alarion Bank and HeritageBank of the South announce merger http://bit.ly/1f2pqrP
- Popular, Inc. to sell 41 branches in California, Illinois and Central Florida to three separate buyers http://on.mktw.net/1l1prMm
- OH’s First Defiance Financial Corp. and First Community Bank announce termination of merger agreement http://bit.ly/1lzb406
- Centennial Bank has $43M deal for Florida Traditions Bank http://bit.ly/1i5IcxK
- Community Bank Shares of Indiana, Inc. to acquire First Financial Service Corporation of Elizabethtown, KY http://on.mktw.net/QuGvz6
- NC’s NewBridge Bank’s retail banking realignment will yield job cuts http://bit.ly/1hkFNKp
Marketing & Branding
- Twin Star Credit Union member wins $5K in 1st annual “Save to Win” program in WA http://bit.ly/1mLsJ8W program also offered in MI, NE & NC
- In an effort to limit losses from debit-card fraud, Midwest America FCU has restricted use of its debit cards http://bit.ly/1lJ1UhD Yikes!
CO’s FirstBank launches new ad that mocks Google Glass to promote bank’s mobile app to 18-34 http://t.co/gUIgFSyhq5 pic.twitter.com/ndvgAw2Iun
— Jim Perry (@mi_jim) April 23, 2014
- The Financial Brand looks at 5 secrets behind Sunova Credit Union’s brand success http://bit.ly/1tC16k8
- NBH Bank is launching an integrated campaign that promotes their bankers common sense approach http://bit.ly/1rjKklZ pic.twitter.com/sXirzXhyRA
- Notice the criteria GoBankingRates uses to determine the 9 Best Banks and Credit Unions for College Students http://bit.ly/1jv5EAF
- Washington State Employees Credit union warns members about fraudulent text messages http://bit.ly/1f0tlVL
- St. Louis city treasurer seeks to restore residents’ faith in banks w/Financial Empowerment Workshop http://bit.ly/1gOXna9
Mobile
#Mustread Jim Marous‘ “What Makes a Great Mobile (Banking) App” on The Financial Brand http://bit.ly/1ibJ4Sk
Industry News
Constance Gustke w/CNBC sees bank of the future as community hubs where technology takes over http://t.co/0A9IM7wwtz pic.twitter.com/JZdIoJHNfB
— Jim Perry (@mi_jim) April 25, 2014
- Erie, PA’s Widget Financial Credit Union uncovers massive national tax fraud http://bit.ly/1mLrLJW Way to go Widget!
- In Forbes, ty kiisel asks “Are you an innovative banker?” What are you doing to put “old paradigms to pasture?” http://onforb.es/1l1iLhc
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That’s all for this week. If we missed an important story, drop me a note.
