As I finish up a week of client field work in the beautiful state of Ohio, here’s the weekly recap from my Twitter feed:
Trending
Midsize banks are falling behind in meeting the needs of millennials and minorities http://t.co/h8GT5ONywx pic.twitter.com/BkDWJfVP8g
— Jim Perry (@mi_jim) January 13, 2015
Mergers, Acquisition – Expansion, Consolidation
- Bank of Kentucky settles acquisition lawsuit http://bit.ly/1y4OzJs
- Spokane, WA’s CFSI ends efforts to acquire Minnesota’s North Star Financial http://bit.ly/1An3CLo Efforts to acquire bank in TN proceeding.
- Brownsville, OR (pop 1,668) hopes to bring @umpquabank to their bank-less town http://bit.ly/14HD2DY
- Ally Bank tells the ‘Facts Of Life’ emphasizing “no branches, great rates” http://bit.ly/1wdhkyh See video here: http://bit.ly/1sBJcAO
- Elevations Credit Union receives approval to expand its operations in Colorado http://bit.ly/1szga4O
- Brentwood Bank to open new branch in Bridgeville, PA market designed around Universal Banker model http://prn.to/1CaoKqy
- Plaza Bank and Bank of Manhattan to merge http://bit.ly/156wz5P All existing branches of both banks will remain open after the merger.
- Where branch closures are concentrated http://bit.ly/1B0iGny via @AmerBanker
- As Florida Bank votes to merge w/Iberia Bank, urge to merge hits community banks http://bit.ly/1stJIkr
- Citigroup quietly scales back in consumer banking in some of the world’s major cities http://reut.rs/17D8DZC
- Coastal Community Bank in Everett, WA to open a new branch today http://bit.ly/1AQ6F4f
Branch Evolution
- PNC envisions two thirds of its branches being transformed into more digital and millennial-friendly branches by 2018 http://bit.ly/1BWBnr7
Marketing & Branding
- Two Boston credit unions in heated fight over who can bank police http://bit.ly/1sFUgNf
- Banks To Offer Free Credit Score To Millions More http://bit.ly/1ymzEZP
- Dow Federal Credit Union is changing its name to Essential Federal Credit Union http://bit.ly/1G0weTf
- Bank of America touts preferred rewards program in new advertising campaign http://bit.ly/1IN9z9a See it here: http://bit.ly/1E2ATPZ
- The @FinancialBrand‘s @JimMarous looks at @KPMG‘s Community Banking Outlook Survey http://bit.ly/1DAELtU #mustread
- HSBC relaunches Advance accounts through social media videos http://bit.ly/1BTnKZM great storytelling w/theme: “Together, We Advance”
- Beaverdale, IA Wells Fargo branch develops niche: Serving refugees http://dmreg.co/1DPesgW
Mobile & Digital Transformation
- Robots to greet customers at Japanese bank http://on.wsj.com/1wT1om6
- BMO launches iPad app with integrated access to banking and self-directed investing http://on.mktw.net/1spA2r0
Industry News
- “it’s already difficult and it’s only going to be more difficult to survive (as a bank w/<$300M assets) in America.” http://bit.ly/1xWIxKO
- Michael R. Steen, President/CEO of The Community Bank, was recently presented w/@ohiobankers‘ Bank of the Year Award http://bit.ly/17Dc8PG
- U.S. Supreme Court turns away banks’ appeal in case brought by @TheNCUA http://read.bi/1stL4LO
- Banking Forecast 2015: Earnings Headed Up http://onforb.es/1IGlc1A via @BillConerly/@Forbes
- Here’s @Bankrate‘s take on 5 ways banking may change in 2015 http://bit.ly/1tZh8IL
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.