Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts:
Trending
At @money2020, @Citi shared plans for bank branch makeover w/new smaller/high-tech design http://t.co/NplS94M1a5 pic.twitter.com/CCqlOBzNqn
— Jim Perry (@mi_jim) November 4, 2014
Mergers, Acquistion – Expansion, Consolidation
- Fidelity Southern Corporation’s bank subsidiary to buy deposits and loans from Florida Capital Bank http://prn.to/1osZsCb
- Salisbury Bancorp Inc. and Riverside Bank receive regulatory approvals for merger http://bit.ly/1xdAkjk
- Middlefield Banking plans to at least double branch count in Central Ohio http://bit.ly/1qu9Sgk
- NC credit union CEO convinced board to spend millions to build new branches, improve tech & market itself like crazy http://bit.ly/1x96aOa
- Darigold Federal Credit Union and Tacoma, WA’s Sound Credit Union complete merger deal http://bit.ly/1tDEO1e
- AmericanWest Bank to merge with Banner Bank http://cnnmon.ie/10YhaTN
- Glacier Bancorp announces acquisition of Community Bank, Inc. in Ronan, MT http://bit.ly/1xiU7wW
- Sterling to buy Hudson Valley Bank for $539M http://bit.ly/1u14SVr
- Northwest Community Credit Union finalizes the acquisition of Portland’s Fred Meyer Employees Federal Credit Union http://bit.ly/10lWXpE
- Aloha Federal Credit Union merges with HawaiiUSA Federal Credit Union http://bit.ly/1qp7Jm4
- Omaha, NE’s Security National Bank to tear down oldest branch, build a $6.1M bldg in its place http://bit.ly/1y2QZW3
- Bank of Coral Gables reduced its losses in the 3rd Qtr as it moved closer to being sold to IL’s First American Bank http://bit.ly/1x7lhbN
- Springfield, MA-based Hampden Bank is being acquired by Berkshire Bank http://bit.ly/1ojPu66
- Winston-Salem, NC’s Piedmont Advantage Credit Union & Wilmington’s Hanover Federal Credit Union have agreed to merge http://bit.ly/1xWW0PL
- Chemical/Northwestern bank merger finalized; plans to absorb Monarch Community Bancorp (along MI/IN border) next. http://bit.ly/1rXzjqe
- Florida will pay $20M in incentives to Navy Federal Credit Union to bring 5,000 jobs to state’s Panhandle http://on.wtsp.com/1tud66Y
- Financial Center Federal Credit Union is pursuing a state charter in hopes of becoming a bigger player in Indiana http://bit.ly/13yNkGo
- In Arkansas, bank branch count dwindles after mergers – net reduction of 54 branches in 12 months ending 6/30/14 http://bit.ly/13yMOs6
- 19 branches of Panhandle State Bank, Intermountain Community Bank and Magic Valley Bank join Columbia Bank network http://bit.ly/1uhyzTA
- Eagle Bancorp completes merger with Virginia Heritage Bank http://cnnmon.ie/1wWGLd0
Marketing & Branding
- In Chicago, @FifthThird continues commitment to #reemployment by sponsoring career fair that aims to help veterans http://bit.ly/1xiaf3B
- Equipment failure at @WebsterBank causes online banking outage http://bit.ly/1y8tknd Notice how bank used Twitter to communicate re: outage
- In Silicon Valley, credit unions jump into big money management http://bit.ly/13CWWQs
- A report from @eMarketer explores the marketing of mobile banking http://bit.ly/1qndzV8 via @FinancialBrand
- The @FinancialBrand‘s @JimMarous looks at using social media as a growth engine in banking http://bit.ly/1uhHrc1
- First Tech Credit Union’s systems went offline Friday – used Facebook page to update members http://stjr.nl/1s7kLW7
Mobile & Digital Transformation
- US Bank adopts Apple Pay. PNC also integrates Apple Pay into suite of services. http://bit.ly/1tHvPgZ
- Google Wallet balances automatic bank transfers – fee-free feature is secure http://bit.ly/1wrpmrv
Industry News
- JPMorgan to cut 3,000 more retail banking jobs http://reut.rs/1x9fmVr
- Salal Credit Union in Seattle, WA endures increased regulatory scrutiny after opening pot business accounts http://bit.ly/1tLIP5o
- Prediction from @themotleyfool via @NASDAQ 5 Banking Services That Will Be Obsolete in 10 Yrs http://bit.ly/1qri2X4
- The @ConsumerBankers @cajunbanker on future of the branch: “This is not a #Millennial versus baby boomer situation.” http://bit.ly/1ppTCCo
- HSBC costs illustrates the new cost of banking: almost 10% of its 258,000 employees work in compliance http://on.wsj.com/1qnCeZR
- Latest report from the Financial Stability Board: The next financial crisis won’t come from the banking sector. http://ti.me/1phBKtl
- Bank of America restores online banking after two-hour shutdown http://bit.ly/10oByws
That’s all for this week. If we missed an important story, drop me a note.
