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
- In WI, Security Financial Bank and the People’s State Bank of Bloomer, will soon be part of the same parent company http://bit.ly/1jGlf5V
Navy Federal Credit Union opened a “technology concept branch” earlier this month http://t.co/1hm9AgjFwx more by 2016 pic.twitter.com/G2QLxUrgxJ
— Jim Perry (@mi_jim) May 21, 2014
- In case you missed this: no evidence of large banks imposing broader spacing between branches http://bit.ly/1lJHeWF
- First Tech Federal Credit Union marks its 40th branch opening in Bellevue, WA w/a redesigned in-branch experience http://bit.ly/1p8VR8m
- Texas Dow to buy FMC Technologies Credit Union http://bit.ly/1jyVwfO
- GA’s Community & Southern Bank has announced that it will merge with Alliance National Bank http://bit.ly/1vya56X
- Denver-based ANB Bank buy WY-based Capital West Bank, increasing ANB Bank’s total assets to more than $2.2B. http://noconow.co/1qRAcWM
- Just read that The NCUA has been named conservator for Detroit, MI’s Health One Credit Union http://bit.ly/1mMvs0p
- Five months later than planned, MI’s Mercantile Bank cleared to complete its merger with Firstbank Corp. in Alma http://bit.ly/TljjVK
- Pledge to loan $2B in OR/ID marks merger of Home Federal with Bank of the Cascades http://bit.ly/1lASeUV
- Northwestern Bancorp shareholders OK partnership with Chemical Bank http://bit.ly/1jM374Q
Marketing
Notice @BofA_Community‘s push to thank the troops: use #troopthanks & you could be on billboard before #MemorialDay. pic.twitter.com/iB7svLeWGW
— Jim Perry (@mi_jim) May 22, 2014
- The cutting edge: a retail banking customer experience like Apple, Starbucks, etc. http://onforb.es/1k4D5Pi
- Elizabeth Fielder chosen as next Michigan First Credit Union “Spokester” http://bit.ly/1p5wFQ7 Time to update YoungFreeMI Twitter acct.
Mobile
- Don’t miss today’s brett king‘s Breakingbanks1 on ‘Mobile Wallet Challenges’ w/guest host Jim Marous 3pm ET http://bit.ly/1kZrKSC
- As consumers are using more devices, it is important to deliver a consistent user experience across channels. http://bit.ly/1p5uhsA
Industry News
- Credit Union CEO confidence soars behind economy’s lift http://bit.ly/1jGlZrO
- Is Bank of America finally learning about successful banking from Wells Fargo? http://bit.ly/1koeiFl
- Credit union failures in 2013 cost the National Credit Union Share Insurance Fund $66.8M http://bit.ly/1gij2wS
- FL’s Jacksonville Bancorp restructuring, laying off employees http://bit.ly/1jyP9sO
- What do you think of Money Rates‘ list of Best States for Banking? http://bit.ly/1oamda7 MO was best, WI was worst.
- FDIC Announces Additional Research on Community Bank Trends http://content.govdelivery.com/accounts/USFDIC/bulletins/b8d6cc …” definitely overdue
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That’s all for this week. If we missed an important story, drop me a note.
