It has been an amazing week. Special shout out to the incredible bank & CU marketers at the Financial Brand Forum. Mark your calendars for next year’s event: May 17-19, 2017! For now, here’s everything you need to know about mergers, marketing, #fintech, etc. in the wrap-up from my Twitter feed:
Trending
Watching @Dagk‘s demo of Viv is sufficient evidence for me! https://t.co/uWRznDXgLb https://t.co/ktAdMU4ZVN
— Jim Perry (@mi_jim) May 18, 2016
Mergers, Acquisition – Expansion, Consolidation
- Two Pittsburgh-area credit unions on list of potential merger candidates http://bit.ly/1U3sy76
- FDIC approves merger of Harmony Bank into Lakeland Bank http://bit.ly/1WG8ls3
- Merger of @AnchorBank with @Old_National Bancorp’s will cost 138 jobs in Madison, WI. http://bit.ly/1Xn3SsI
- AR’s Simmons First National to acquire TN’s Citizens National Bank in $77M deal http://bit.ly/27ECEmu
- Following acquisition, Broward Bank of Commerce CEO joins Orlando-based First Green Bank http://bit.ly/1W4HANu
- Bank of the Sierra acquires deposits of Porterville Citizen’s Business Bank branch http://prn.to/1OzHkhu
- TowneBank gets regulatory OK to buy Monarch Bank http://bit.ly/22g80f1
- BBCN Bank receives regulatory approvals for Wilshire Bank merger http://bit.ly/205U8T1
- Republic Bancorp, Inc. completes acquisition of Cornerstone Bancorp, Inc. http://ow.ly/TkUF300kaH6
- Indianapolis-based Salin Bank and Trust Co. has opened a prototype branch location in Kokomo, IN http://bit.ly/27vnnnU
- BB&T to close 28 local branches as part of 2 acquisitions http://bit.ly/1qqEu8G
- Trustees updated on the coming merger between Blackhawk Bank & Trust and Port Byron State Bank http://bit.ly/1TXmsFn
- Bank of the Ozarks’ acquisitions get 2 regulatory nods http://bit.ly/1qqEplm
- 2 dozen bank branches sold in Florida, including 3 in South Florida http://bit.ly/23UMxaQ | via @BrianBandell
- Hamilton, OH-based @BankatFirst has announced it will open a branch in Gary, IN http://bit.ly/24Uy4Ot
- Pacific Commerce Bank and ProAmérica Bank merger approved http://bit.ly/1Thrii2
Marketing & Branding
Customer Service Secrets Of ‘The World’s Greatest Bank’: Retail Banking’s @umpquabank https://t.co/4Faknsn2oW | @micahsolomon for @Forbes
— Jim Perry (@mi_jim) May 20, 2016
- After shortchanging controversy, @TDBank_US says goodbye to coin-counting machines. http://bizj.us/1ml3ge
- “Think of advertising as a tax for unremarkable thinking” @tomfishburne at @FinancialBrand #fbforum
- PA’s Sb1 Federal Credit Union to rebrand as Ardent Credit Union http://prn.to/205WRf9
- “Inspiration can be found everywhere! Keep your eyes and ears (and mind) open!” – Jeffry Pilcher @ #fbforum
- MA credit unions targeting the poor offer unfair advantage, banks argue http://bit.ly/24X3PGA
- Agency who brought about the @SunTrust Super Bowl ad, @Frogism New York, is strengthening its strategy team http://bit.ly/1Tjncok
- Looks like @AskLloydsBank is back online. There were some cranky customers earlier today. http://bit.ly/1rOQ0M8
Fintech, Digital & Mobile
Scandal, fleeing investors, a subpoena at @LendingClub are making it tough for lobbyists of other online lenders https://t.co/OKeALhl8lK
— Jim Perry (@mi_jim) May 20, 2016
- #Bitcoin was just a taster of what is to come, get ready for new possibilities with #blockchain. https://lnkd.in/eKmipvD
- .@cardlytics, which helps advertisers activate audience data from banks, working on cross-device measurement push http://bit.ly/27H7LOh
- “we’ve built this true, real time, on demand, digital banking experience,” said Amy Dunn with @simple http://bit.ly/1TKOQI5
- Mega-mobile payments venture of retailers, MCX, hangs it up; Walmart goes solo http://bit.ly/1suV20t
- RBC has ‘secret weapon’ in #fintech fight: Eddy Ortiz http://bloom.bg/1Thr4cw | @dscrybe for @technology
- Mobile-only @Chime banking now supports #ApplePay http://bit.ly/253rZiW
- Sweden’s @tink scores $10M for its virtual banking app http://tcrn.ch/1suNIln | @sohear on #fintech for @TechCrunch
- Say hello to your new financial BFF. Join the movement changing modern banking. http://bit.ly/HipMoney #FingersUp
- .@Tomgroenfeldt shares @Shastic_Inc Innovation Index (http://bit.ly/1W2k7wg ) to show CUs w/great mobile strategy http://onforb.es/1R8sYVg
- .@GoncaloTV, CEO of @SyndicateRoom asks “Visibility Vs Credibility In #FinTech – Which One Will Win?” http://onforb.es/23X9YQT | via @Forbes
- Here’s another look at @dtapscott‘s thoughts on “How Will Blockchain Change Banking? How Won’t It?” http://huff.to/1VZeM99
- ICYMI: @BryanYurcan asked “Are Troubled Banks and #Fintech a Perfect Fit?” http://bit.ly/1TTusXW | @AmerBanker
- Sergio Chalbaud, CEO of @FINTONIC, explains open banking; and why it matters. http://bit.ly/1rOPDkJ | via @FinancialBrand
Industry News
Say ‘Hello’ To … Voice Banking? @pymnts spoke w/Ed Metzger, @santanderuk’s Head of Innovation https://t.co/NMG7CQYksq #mustread
— Jim Perry (@mi_jim) May 20, 2016
- Lawsuit claims another global banking hack; cybercriminals stole about $9M last year from a bank in Ecuador http://on.wsj.com/1TitSWI | @WSJ
- .@NextBank announces name change to Next Money, acquisition of Bank Innovators Council. @JPNicols to be Chairman http://bit.ly/23YGSAE
- Will Bank of America eventually break off its 2008 union with Merrill Lynch? http://bit.ly/1Xzo6Qx
- Banking industry fears hackers can too easily attack the global financial system http://cnnmon.ie/1XmoMZ2 | @Jose_Pagliery for @CNNMoney
- Consumer groups pan long-awaited measures to break the market dominance of Britain’s biggest banks http://reut.rs/1TVou69
- 8 new CEOs – including 4 women – were recently hired to lead credit unions in LA, WA, TX, CA, OR & ME http://bit.ly/1ZWRZcn | @CookeonCUs
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note. Thanks for following!