It is Friday the 13th! I hope it proves to be your lucky day. 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
- WI’s Educators Credit Union breaking ground on new $3.2M branch http://bit.ly/1hQN247
- MutualBank to acquire the trust business of First Farmers Bank and Trust in Converse, IN http://bit.ly/SPJS4x
- Bank of America sells all Roanoke Valley branches to North Carolina-based HomeTrust Bank http://bit.ly/1oVh0SP
- Deal between NC & SC banks is likely the largest U.S. bank merger transaction so far this year http://on.wsj.com/Ut6IAy
- EagleBank intends to ‘dominate the market’ with Virginia Heritage acquisition http://bit.ly/1inriHF
- KS’ Commercial Bank completes acquisition of 3 BofA branches in SE Kansas http://bit.ly/1n5qTfr
- Madison, WI’s Summit opens new credit union branch on Wednesday http://bit.ly/1oQdAks
- Oregon Community Credit Union and Bi-Mart Federal Credit Union plan to merge http://bit.ly/1uQkqdk
- Merger agreement between 1st Mariner Bank and investor group RKJS Bank http://bit.ly/1pZAzx6
- IA’s Peoples Bank of Indianola will acquire Pleasantville State Bank http://bit.ly/1u10gei
- Reflecting on Whidbey Island/Heritage merger: “The beauty of it is the complementary footprints of the two banks.” http://bit.ly/1oQ4qV9
- Eastern Bank expects to take over Centrix Bank in October with plans to expand further into New Hampshire “over time” http://bit.ly/SH4ZpR
Marketing
This is what I call meaningful customer engagement! Way to go @FifthThird http://t.co/wqOjx42CNW
— Jim Perry (@mi_jim) June 12, 2014
- MO’s Bank Midwest is offering merchant discounts for Father’s Day. Is any bank/CU doing anything creative for dads?
- Shout out to
@AndrewHayesPR on his new role as@FifthThird‘s marketing director for the IL and Northern IN region http://bit.ly/1xTk4oK - Maybe you’ve seen it here on Twitter: 5/3 Bank uses its ad campaign (http://53.com/ReEmploy ) to help job seekers http://bit.ly/1n7jtsf
- In case you missed this: Banks Killing Credit Unions in Tech Tug of War for
#GenY Consumers http://bit.ly/1xI8tsp via@FinancialBrand - Britain’s largest retailer, Tesco, looks to turn grocery shoppers into banking customers http://on.wsj.com/1jk6hxu
- Check
@FinancialBrand‘s 4 big direct marketing trends in banking http://bit.ly/1oCqpAo e.g. email promo of savings
Mobile
- “Even though consumers’ hunger for innovation in mobile banking continues..banks are not keeping up with the demand.” http://bit.ly/1p0RjAw
- Nasty mobile banking Trojan gets ransomware features, starts targeting U.S. users http://bit.ly/1pRH2rI
- The
@CFPB is seeking info regarding mobile banking’s potential for improving the lives of the economically vulnerable http://bit.ly/1q6UYAt - Biometrics and mobiles: Banking’s future? http://cnb.cx/1oHnvKW
- Bank of America innovates mobile banking with self-service, accessibility upgrades http://bit.ly/UnUucg cited for groundbreaking features
- Wall St. Daily’s
@TechInnovationD looks at@MonitiseAmerica as leader in “the massive mobile banking trend” http://bit.ly/1kK6Khd
Industry News
- Oops! Stanford Credit Union accidentally releases member data http://bit.ly/1kuXoRE
- CUNA Community Credit Union & Growth Conference, slated for Nov. 2014, to discuss need for a reinvented movement http://bit.ly/SPLOKu
- CEO Cohen responds, as Bancorp, Inc. shares fall following FDIC Consent Order http://bit.ly/1qyYMYr
- OK, this stat tells a story: of the top 8 tweets from
@AmerBanker#digibank Summit, top 1 only had 18 RT, 15 FAV http://bit.ly/1lpzNGw - Who’s at
@nextbankusa in Boston? Ramaz Naam leads w/Disruption in Banking,@brettking at 11am,@rshevlin at 4pm WOW! http://bit.ly/1kHnkO5 - Story from
@NPR on how peer-to-peer lending outfits offer a preview of what a world might look like without banks. http://n.pr/1llX7ow - Community banks that close “are those that have failed to modernize and adapt to the changing times” http://bit.ly/1qmLbU6 via
@AmerBanker - PNC Bank will be rolling out a slimmer, more tech-savvy branch model that responds to changes in how people do their banking http://bit.ly/Tz0RsB
- Executive Profile: Anita Rauch climbs to top of Heritage Credit Union http://bit.ly/TyXMc6
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That’s all for this week. If we missed an important story, drop me a note.
