Only a few weeks before I head to Denver for the @CUNA/@WOCCU conference #CUinDenver2015 to speak on “Reinvent & Reposition: Essential Principles for Growth and Profitability” http://cuindenver2015.org Will I see you there? Until then, here’s this week’s wrap up from my Twitter feed. Have a great weekend.
Trending
Mobile-first challenger @atom_bank just won a banking licence to operate in the UK http://t.co/ap1BMX3WNa pic.twitter.com/QbvHUonNb6
— Jim Perry (@mi_jim) June 24, 2015
Mergers, Acquisition – Expansion, Consolidation
- Clements Federal Credit Union to merge with SouthPoint Federal Credit Union http://bit.ly/1TRm6R2
- Dubuque-based credit union to open first branch outside of Iowa http://bit.ly/1IhzEko Alliant CU to open branch in Wisconsin.
- MA’s @NeedhamBank is transforming downtown lot by tearing down an existing building & constructing a new bank branch http://bit.ly/1BRysTP
- Two western New York credit unions are planning to construct new headquarters buildings http://bit.ly/1IABusz
- Investors, new branch to give Omaha, NE’s Access Bank a big boost http://bit.ly/1HgbjMV
- Parent companies of @InlandNWBank, Bank of Fairfield agree to merger http://bit.ly/1KevzPz
- Farmers National Bank of Canfield agrees to buy East Liverpool, OH’s Tri-State First Bank; 2nd acquisition this year http://bit.ly/1CvlwxJ
- ICYMI #NAFCUAnnual: Take a look at @Level5_LLC‘s time lapse of construction of @MazumaCU‘s new KC, MO headquarters https://youtu.be/mfPHSgZcziA
- Service Credit Union celebrates new branches in NH http://bit.ly/1Iywepd
- PA’s Benchmark Federal Credit Union announces new community charter http://bit.ly/1fwpIIr
- Tulsa, OK’s TTCU The Credit Union to break ground on new headquarters on Thursday http://bit.ly/1K87sQU
- Suncrest Bank takes over former Citibank branch in Kingsburg, CA (pop 11,700) http://bit.ly/1ByoNBh
- First Trust & Savings Bank in Albany to acquire Port Byron State Bank http://bit.ly/1Rp56Od desire to increase scale cited as driver
- Yadkin Bank sells two eastern N.C. branches as part of $1.5M savings plan http://bit.ly/1JdOaez
- BREAKING: @FifthThird plans to consolidate/sell approximately 100 branches http://bit.ly/1H5WwTa
- Why big banks are hunting for acquisitions of non-bank business http://bit.ly/1RoULlq | Dan Weil, @TheStreet
- Home BancShares set to acquire another Florida bank in $101.6M deal http://bit.ly/1dZ6ZV0
- In Louisiana, Merchants & Farmers Bank announces closing date of Vernon Bank acquisition http://bit.ly/1K6655k
- NatWest has sparked fury in a genteel UK seaside village over plans to shut down a branch http://bit.ly/1fsLMUi
Branch Evolution
- U-M Credit Union opens new virtual banking sites in Flint, Ann Arbor http://bit.ly/1IdNLXP
- Five Star Bank preps for new branch, plans to diverge from traditional bank office by eliminating teller lines, etc. http://bit.ly/1GywgMm
- New @FinancialBrand story on topic we discuss often: workforce optimization as component of branch transformation http://bit.ly/1J1VqqN
- With plans to expand in WI, Wausau’s River Valley Bank opens new “modern approach” branch in Middleton, WI today http://bit.ly/1GEdVkb
- “Our branches have evolved into advice centers..that changes the configuration..of our branches” @Chase‘s Jeff Lyttle http://bit.ly/1IwjvTT
- In Florida, First Green Bank’s ‘Regenerative Banking’ reaches beyond sustainability http://bit.ly/1K9iLtC
Marketing & Branding
Hey @jasondorsey, did you see new @TRowePrice study showing #Millennials are “money-conscious” http://t.co/8PkIJbE52g pic.twitter.com/ECFTM7CoNI
— Jim Perry (@mi_jim) June 23, 2015
- Chief #Marketing Officer at @WellsFargo says critics of #LGBT ad ignore ‘demographic reality’ http://bit.ly/1J7Q9xY
- Interesting! #Millennials top financial concern is Student-Loan Debt! Do you agree? Ck it out: http://theatln.tc/1GvzyQy
- Yes, there is still talk about banking at the post office http://aol.it/1e1wN2N
- The @FinancialBrand‘s @JimMarous releases a Guide to Multichannel Marketing http://bit.ly/1dZ97vY
Mobile & Digital Transformation
- Voice, facial biometrics technology piloted by @WellsFargo for #mobile users of Commercial Electronics Office portal http://bit.ly/1RCpk7d
- 7 innovative startups present new #fintech at New York’s 2015 Fintech Innovation Lab Demo Day http://on.mktw.net/1KeFc0J | @FinTechLab
- You may never have to step into a bank branch again (thanks to @atom_bank) http://cbsn.ws/1Kdx14P | @CBSMoneyWatch
- ING brings contactless payments to Netherlands http://bit.ly/1J4ZiaK | via @LetsTalkPaymnts
- Study commissioned by @Chase shows about 1/3 of consumers are more often using digital banking http://on.wsj.com/1fxyfuI
- “Stronger engagement is the leading tip of the arrow, or should be for mobile initiatives” http://onforb.es/1e3kzXg | @Forbes
Industry News
Best CEO in banking? @business picks @WellsFargo‘s John Stumpf (not @Chase‘s Jamie Dimon) http://t.co/nxVbT5ivRD pic.twitter.com/95cIxLatx0
— Jim Perry (@mi_jim) June 26, 2015
- #Fintech‘s Bulge-Bracket Banking Boom Points To Bubble http://onforb.es/1RCrTWL | via @mergermarket for @Forbes
- Late yesterday, @NAFCU announced it has expanded membership to state chartered credit unions http://bit.ly/1J4YySS | via @CookeonCUs
- Glacier Bancorp names Randy Chesler as new President, future CEO http://bit.ly/1Iwm2xi
- Wintrust Financial Corporation commences public offering of preferred stock http://cnnmon.ie/1Gx5qnW
- With Ohio’s economy improving, community banks in NE Ohio are rebounding in a big way http://bit.ly/1Lp9KgD | @CrainsCleveland
- Maine’s community banks see spike in commercial loans http://bit.ly/1K68PzK
- Former director aims to oust Alabama One Credit Union leaders with civil lawsuit http://bit.ly/1GCanix
- ICYMI: Citigroup to shift European retail banking base to Dublin http://reut.rs/1Bvz6ps
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note.