It has been a great week with some amazing bankers in Ohio. I’m encouraged to see the passion and optimism of banking’s #futureleaders. Here’s this week’s recap from my Twitter feed:
Trending
Happy to be a contributor: @FinancialBrand‘s 2015 Digital Banking Trends & Predictions Report http://t.co/v1tiVgx3y0 pic.twitter.com/Tnl1WSfzFj
— Jim Perry (@mi_jim) February 19, 2015
Mergers, Acquisition – Expansion, Consolidation
- Lotus Bank shareholders approve $16.8M sale to Farmington Hills, MI-based Level One http://bit.ly/1EwSj7e
- Two Inland Empire-based credit unions, Altura Credit Union & Visterra, plan to merge http://bit.ly/1DGe99B
- In Indiana, Horizon Bancorp to acquire Peoples Bancorp in $73.1M deal http://bit.ly/17zbQZq
- MT @CookeonCUs: @TheNCUA approves 2015’s first federally-chartered credit union: NY’s Finest Federal Credit Union http://bit.ly/1zQGVyg
- Huntington cut jobs, added branches in 2014 http://bit.ly/1JrhMp9
- Mancos Valley Bank, Dolores State merging http://bit.ly/1AWnA4l
- Fresno’s Security First Bank to merge with L.A. financial company http://bit.ly/1ErYcCx
- Summit Credit Union to merge with Janesville, Wisconsin credit union http://bit.ly/1ARssrm
- Reliance, Eagle bank branches continue to sprout in St. Louis http://bit.ly/1EOYvas
- Shareholders set to vote on Reliant Bank, Commerce Union merger in March http://bit.ly/1vgSeV2
- ‘Perfect storm’ creates environment fueling bank mergers, consolidations and acquisitions in MA’s Pioneer Valley http://bit.ly/1FmNyR8
- Georgia closes Atlanta’s Capitol City Bank & Trust; Raleigh bank to take over. http://on.11alive.com/1Dz4eCX
- Elcose Federal Credit Union headquarters closes following merger http://bit.ly/1yL1yf6
- 15 credit union mergers from NH to CA were either finalized or announced during Jan 2015 – 9 under $50M in assets http://bit.ly/1AuhSrZ
- Grafton Suburban is now Homefield Credit Union http://bit.ly/1FS6CnQ
- Eighteen Bank of America branches in North Florida and South Georgia were acquired by Ameris Bank http://bit.ly/1zHdejj
- In Minnesota, State Bank to merge with Northview Bank http://bit.ly/1Mq1NXk
- First Citizens continues acquisition spree in Georgia http://bit.ly/1CzXO2q
Branch Evolution
- Poland’s Idea Bank launches experimental branch http://bit.ly/17RpBUz
- Poland’s mBank to completely reconfigure their physical delivery network http://bit.ly/1CDN5X3 via @FinancialBrand
Marketing & Branding
- U.S. New Mexico Federal Credit Union set to rebrand next month to “elevate our image” http://bit.ly/1FBZRJs
- ‘Byline Bank’ replaces North Community Bank’s name in 24 Chicago locations http://bit.ly/1FiXsDd
- MI’s Public Service Credit Union uses acts of kindness to ‘spread the love’ http://youtu.be/NC6185Gs0sc (too bad video isn’t on PSCU website)
- 11 Northeast OH credit unions will team up this spring to promote financial education to local high school students http://bit.ly/1Auhh9q
Mobile & Digital Transformation
- Apple Pay adds another 19 banks & credit unions, 80+ institutions supported http://flip.it/cwmao
- UK’s RBS launches fingerprint technology for mobile banking app http://reut.rs/1BlrTHw
- #ICYMI: Love of Mobile Payments Grows at Blistering Pace http://bit.ly/17KGGPS via @FinancialBrand
- Mobile-banking software firm Monitise’s EBITDA loss widens to $47.3M http://reut.rs/1FWDSKB
- Temenos, a Geneva-based vendor of core banking systems, gears up for U.S. banking tech market http://onforb.es/1JnavXm
- Visa will track devices to combat credit card fraud http://bit.ly/1v4rkQ8
Industry News
I had the privilege to spend part of the day with this group of forward-thinking young bankers. #FutureLeaders pic.twitter.com/neOlC56Wsn
— Jim Perry (@mi_jim) February 17, 2015
- FYI: @NavyFederal tops list of 10 Best Banks and Credit Unions for Military via @USNewsMoney http://bit.ly/1vNC0hi
- Q4 2014 U.S. Banking Review: Net Interest Margin http://onforb.es/1Ao2D0p
- Commercial and industrial (C&I) loans are becoming the largest loan class by dollar volume in the U.S. banking system http://bit.ly/1AnWkdj
- Bank of America looks at student loan portfolio, seeks greener pastures http://bit.ly/1DmiP5S
- TN’s Athens Bancshares Corp.’s bank subsidiary (Athens Federal Community Bank) applies for national bank charter http://bit.ly/1L87E1Q
- The country’s last black-owned banks are in a fight for their survival http://wapo.st/1vIR5WY
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.