Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts this week:
Trending
“So its going to take (Apple Pay) a few years to build this system out fully…but it’s going to be really, really big” http://t.co/n3Dv6GLJ6h
— Jim Perry (@mi_jim) September 11, 2014
Mergers, Acquistion – Expansion, Consolidation
- In TX, SAWS credit union merging with Generations FCU http://bit.ly/1oBdA6A
- Ohio on map for banking giant BB&T following Bank of Kentucky acquisition http://bit.ly/1BxzAHI
- UBS chairman says smaller banks in Europe to merge, large banks already too big http://reut.rs/1pb0L2o
- In WY, Platte Valley Bank Tuesday wrapped up the purchase of the Casper Bank branch in Evansville. http://bit.ly/WNbVU2
- NJ’s Cape Bancorp to buy Colonial Financial. Following closing Cape will have $1.6B in assets, 22 banking locations http://bit.ly/ZhRVeb
- KY’s Poage Bankshares, Inc. to acquire Commonwealth Bank in a conversion merger transaction http://bit.ly/1qmausJ
- Collierville, TN’s Southern Security Federal Credit Union gets major expansion http://bit.ly/1rFSHIu
- Centennial Bank invests $2M in Fort Smith branch bank addition http://bit.ly/1rFS9SR
- National Penn-TF Financial merger wins approvals http://bit.ly/1qJurYp
- Mid American Credit Union in merger talks with Topeka, KS’ New Century Credit Union http://bit.ly/1weSm3F
- Texas, now Kentucky: BB&T to acquire Bank of Kentucky for $363M http://on.wsj.com/1oZpQgt
- Iowa’s Louden Depot Community Credit Union liquidated by @TheNCUA despite healthy financials http://bit.ly/1Aowl2Q via @CookeonCUs
- One bank customer in Delaware: “It just seems like all the old institutions are going the way of the dinosaur” http://bit.ly/1rTj2cf
Marketing & Branding
- Altura Credit Union promotes iChecking to #genY w/chance to win Surface Pro 3 tablet http://bit.ly/1pSsDbH via @CUinsight
- To mark their 60th, NuMark Credit Union gives away free money at Babe’s Hot Dogs in Joliet, IL http://trib.in/1Buppnl #guerrillamarketing
- MasterCard CMO talks #brand transition from credit cards to wearables http://bit.ly/1pL06Vs aims for #Millennials through dance music, tech
- Enterprise Bank expands bilingual branch in Kansas City, KS http://bit.ly/1uhODTA
- Rob Rubin at @NovantasInc looks at consumers’ willingness to adopt eStatements @FinancialBrand http://bit.ly/Yt597H
- Berkshire Bank tries to put excitement into banking – “most exciting” becomes trademark http://bit.ly/1q57KQt
Mobile & Digital Transformation
- .@CookeonCUs tackles the question “Is there a place for credit unions in Apple Pay?” http://bit.ly/X62QWE
- The @FinancialBrand‘s @JimMarous asks “Is Apple Pay a Banking Trojan Horse?” http://bit.ly/1uxhS3U
- Apple Pay “going to be the breakthrough experience tied to phone & watch that we’ve been waiting for” – @leimer http://bit.ly/1uxhS3U
- Citizens Bank launches national technology banking group, prepares for IPO http://bit.ly/1sqU165
- PNC to offer Apple Pay for customers http://bit.ly/1rJhWtr
- And @philiped shares in @Fortune what the analysts are saying about Apple Pay http://bit.ly/1xHPyAx
- Get to know Apple Pay, the successor to your wallet @sharonprofis http://cnet.co/1tvMp0a
- By 2016, more than 60% of banks around the world will process the majority of their transactions in the cloud http://onforb.es/1lN5JXZ
Industry News
- Lloyds and RBS could move their headquarters to England if Scotland votes to leave the UK in next week’s referendum http://bit.ly/1pb2qF7
- The @Wharton School takes a look at what the BoA settlement means for the Bank – and for banking! http://whr.tn/1paXkZm
- Fed to Hit Biggest U.S. Banks With Tougher Capital Surcharge http://on.wsj.com/Zfj4OJ
- Now that the dust has settled in Orlando, how would you rate #ABAHiX? Most of the tweets were from vendors/speakers. So how about attendees?
- Home Depot Inc confirms its payment security systems have been breached; breaches troubling banks more than customers http://reut.rs/1lOP4TQ
- According to @MoneyRates mid-2014 survey, it costs the avg customer more than $150/year to keep a checking account http://bit.ly/1s1AlWm
That’s all for this week. If we missed an important story, drop me a note.