This month is going by quickly. Here’s my recap of stories I’ve been talking about Twitter this week:
Trending
Snapchat dives into peer-to-peer payments with Snapcash http://t.co/IP0r2kYG3U pic.twitter.com/9jfI8iJaQs
— Jim Perry (@mi_jim) November 19, 2014
Mergers, Acquisition – Expansion, Consolidation
- Article in @AmerBanker asks “Is the FDIC Subsidizing a ‘Too Big to Fail’ Merger?” http://bit.ly/1p2IAm3 re: CIT Group and OneWest Bank
- Wanted: Dance Partners for Bank Merger Ball – data suggests there are more buyers than sellers http://on.wsj.com/1xVadho via @WSJ
- Community Bank, FedFirst celebrate merger in Rostraver, PA http://bit.ly/11JSa2X
- First Merchants closes $49M acquisition of Community Bank, making it 2nd largest IN-based bank behind Old National http://bit.ly/1yxZHfy
- MD’s Howard Bank plans new branch as “strong signal” of commitment to the area; building toward regional presence http://bit.ly/1xW5wFg
- Shareholders approve Simmons First’s two bank mergers http://bit.ly/1uBHj4x
- Two of Bucks County, PA’s largest community banks have announced plans to complete a merger of relative equals http://bit.ly/1p2ldci
- Pacific Continental enlarges its Portland foothold with purchase of Capital Pacific Corp. http://bit.ly/1HpBmP9
- Virginia’s First Bank to acquire 6 Bank of America branches http://bit.ly/1vsfBdC
- Stockman Bank to build branch in downtown Missoula, MT http://bit.ly/11i8iYN
- Union Bank to close most Kitsap and North Olympic Peninsula branches http://bit.ly/11i80Bd
- Vinton County National Bank completes acquisition of The Citizens Bank of Ashville, Ohio http://bit.ly/1zCBZzB
- Richmond, VA’s West End becomes banking mecca. Demographic/economic sweet spot attracts banks like a magnet. http://bit.ly/14KAvcC
- First Gateway Credit Union and Morrison Community Federal Credit Union will merge http://bit.ly/1xLtbqW
- Shareholders of CU Bancorp and 1st Enterprise Bank approve merger http://on.mktw.net/1qk35vu
- North Carolina’s BNC Bank to acquire Virginia’s Valley Financial http://bit.ly/14DWbqN
- Michigan State University FCU plans to double the size of its headquarters, projects 66% growth in staff over 10 yrs http://bit.ly/1zvH7FL
- NC’s HomeTrust to reflag purchased Bank of America branches http://bit.ly/1BIW243
- Santa Clara Valley Bank acquisition completed by Sierra Bancorp http://bit.ly/1uE0099
Branch Evolution
- Banks nationwide are reducing their total number of branches. But what should you do? http://bit.ly/11jfuDD
- Bank of America to open small retail branch at San Francisco headquarters http://bit.ly/1F7XrxA
- Bank of America plans new format for its first Twin Cities branches. New design will debut in Denver next month. http://bit.ly/1zCIjaa
- Last week’s #retaildelivery conference: @BankTechNews says next-gen branches call for major personnel, layout changes http://bit.ly/1wSm7FS
- The @WSJ blog says banks may not need branches, but they can’t disappear completely http://on.wsj.com/11nTSWM
- The @WSJ gives 5 reasons to still go into a bank branch – but only 1 is likely to matter to most consumers http://on.wsj.com/1yN1pJT
Marketing & Branding
- A @USATODAY/@bankofamerica survey reveals #Millennials want to save, many can’t http://usat.ly/1t4sDbe
- In the UK, 99% of Millennials are ready to switch banks for as little as a free monthly coffee http://bit.ly/1tn4wE1 Note: so would I!
- Trending for 2015: #marketing to become more personalized, authentic http://bit.ly/1xCDQqk via @MediaPost
- The @FinancialBrand on survey of credit union execs: auto loans will be top priority in 2015 http://bit.ly/1xCzlvJ
- MassMutual opens @societygrownups, targeting #Millennials – offers financial planning sessions & one off classes http://bit.ly/1sYNdtK
Mobile & Digital Transformation
- America First Credit Union announces Apple Pay support for its Visa card http://bit.ly/1uIHD1z
- Comparison shopping for mobile banking is difficult, study finds http://nbcnews.to/14AaYTx
- Survey of 4,200 US households shows consumers trust banks over Apple Pay for mobile payments…for now. http://bit.ly/1H8GVkG
- Study by @Cisco shows digital consumers unhappy w/what banks deliver http://bit.ly/1vhuyzQ via @FinancialBrand
Industry News
- $20 bill (issued by a bank in North Bend, OR in 1929) tells a story of old-time banking http://bit.ly/14Wj6On
- Credit union CEOs confidence in economy weakening; rethink economy’s outlook http://bit.ly/1r0fOOA via @CookeonCUs
- Univ. of Chicago study suggests banking industry culture primes individuals for cheating http://lat.ms/1qYzfHm
- Credit Unions Feel Competitive to Banks http://bit.ly/1vp1h69
- Video from @CNBC on shifting sands for smaller banks http://nbcnews.to/10NifwS
- The Credit Union League of Connecticut helps groom next generation of CEOs http://bit.ly/14yuaRJ via @CookeonCUs
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.