It has been a busy week leading up to the middle of January. Here’s this week’s top stories on mergers, fintech, marketing, etc. from my Twitter feed:
Trending
Don’t miss @FinancialBrand‘s 82-page comprehensive banking trends report https://t.co/HPqBbHyT9E #mustread2016 pic.twitter.com/eMhu07cnNh
— Jim Perry (@mi_jim) January 14, 2016
Mergers, Acquisition – Expansion, Consolidation
- UVA Community Credit Union merges with Northern Piedmont, expands community charter http://bit.ly/1RpDxsS
- Georgia’s Metro City Bank wants a branch in Fort Lee, NJ http://bit.ly/1PfsSdO
- BOK beefs up energy banking with yet another acquisition http://bit.ly/234aAGS
- Wintrust Financial Corporation to acquire WI’s Generations Bancorp, Inc. http://bit.ly/1UU77EO
- In Q4 2015, @Huntington_Bank added more branches (due to @meijer branch acq.) than any bank http://bit.ly/1TXuZqL
- Shareholders to vote on merger of Metro Banks into Pittsburgh-based First National Bank http://bit.ly/1Q7NHgg
- Yadkin Bank and NewBridge Bank have set a shareholder vote on the merger of the two North Carolina banks http://bit.ly/1ZwTPor
- Pan American Bank is to be acquired by Beneficial State Bank http://bit.ly/1Zx8ekq
- Wheels in motion for KS’ Wesley Medical Credit Union to merge with Mid American http://bit.ly/1SOnunU
- BIG DEAL: @Old_National Bank acquiring @AnchorBank for $461M http://bit.ly/22Yd2hO
- In Boston area, @WebsterBank opens branches at former @Citi locations http://bit.ly/1PU5y8G
- In IL, Franklin Grove Bank will merge with The First National Bank in Amboy http://bit.ly/1ZpLCCd
- First National Bank of Pa. to close Berkshire Mall branch in Wyomissing, PA Former BofA branch was acquired in 2015 http://bit.ly/1ZWhVpl
- Fast-growing Bridgewater Bank buys First National Bank of the Lakes http://bit.ly/1PnrfLs
- .@keybank: “numerous bank competitors” will remain after @firstniagara acquisition, but branch divestitures to occur http://bit.ly/1UIQwnm
- BREAKING: @LMCU and @UnitedFCU have terminated their proposed merger http://bit.ly/1PTzPWX
Branch Evolution
- Two partners from @BainAlerts offer “Four Ways to Save the Dying Bank Branch” for @BankThink http://bit.ly/1ZA12E6
- New data from @SNLFinancial shows branch numbers dwindled further in 2015; 1,614 fewer than a year earlier.
- It’s 2016 and I’m still writing “really? You will only take a check?” on my checks.
Marketing & Branding
Our CEO offers some great advice on how to achieve #socialmedia success. https://t.co/H67sZQh9JN
— Jim Perry (@mi_jim) January 14, 2016
- Don’t miss @LTPR Casey Boggs’ 8 Credit Union Communication Trends for 2016 http://bit.ly/1RDaJ0n | via @CookeonCUs
- David Bowie was a legend in the music industry, but his name was also a presence in financial services http://bit.ly/1P6OI3c @WolfeWriter
- Speaking of ads: here’s how OH’s @OldFortBank is celebrating its 100th anniversary https://youtu.be/HORJoMXO7OA
- During last night’s #GoldenGlobes, I saw this @Huntington_Bank ad (produced last May): https://youtu.be/uvWI5k_0JWU
Fintech, Digital & Mobile
- .@sxsw admits New York startup to its first-ever #fintech accelerator http://bit.ly/1KgJKj0
- ICYMI: @JoeAdlerDC says “It’s Geek to Me: #Fintech‘s Jargon Problem” http://bit.ly/1PXkkLC | via @AmerBanker‘s @BankThinkDigital bank @StarlingBank to penetrate the UK banking market http://bit.ly/1ZtlmXG
- St. Louis-based Cultivation Capital launching $75M #fintech fund http://bit.ly/1PU6RV2
- East coast editor of @TechCrunch, @johnbiggs, leaves “Best Job Ever” to launch #fintech startup @gofreemit http://bit.ly/1OL1kkL
- .@CiscoCanada and @TD_Canada will collaborate on #Fintech, Toronto Innovation Centre opens http://bit.ly/1ZhW2P3 | via @crowdfundinside
- Sergio Chalbaud, @FINTONIC CEO, shares branch banking lessons to improve the #mobile experience w/@FinancialBrand http://bit.ly/1ULrOm6
- “Some of the world’s major financial centers are equally becoming known as centers for #FinTech innovation” http://cnb.cx/1Sc03oV
- 15 Innovators Selected for @Accenture’s 2016 #FinTech Innovation Lab London http://bit.ly/1VPXCaS
Industry News
For the first time, more are #mobile-banking than going to a branch https://t.co/rC0hqEinPG | @WSJ pic.twitter.com/WPSBhKAPKQ
— Jim Perry (@mi_jim) January 13, 2016
- Credit unions brace for ATM EMV deadline http://bit.ly/1Kfm4M0 | via @CookeonCUs
- MI regulators take over credit union after alleged $20M embezzlement by CFO http://detne.ws/1ZmuB6M
- Petitions w/150,000 union signatures delivered in support of postal banking http://bit.ly/1RnqiJ1
- .@GOBankingRates lists 31 best banks of 2016. @Ally tops the list. @firstniagara #19. @simple #27. @WellsFargo #31. http://huff.to/1RGtHTF
- Pres/CEO of @CUNA, Jim @Nussle, will welcome thousands to #CUNAGAC in just six weeks http://bit.ly/1UOzX9y
- PSCU endows America’s Credit Union Museum legacy campaign; pledge demonstrates commitment to CU industry http://bit.ly/1l2IIQX @CUinsight
- 100-year-old @OldFortBank in Tiffin, OH sells controlling stake to employees http://bit.ly/1RjNub4 | via @AmerBanker
- Word on @TheStreet: JPMorgan @Chase Is the Only Bank (stock) You Should Own Now http://bit.ly/1ZYayxM
- Again in Michigan: Ex-CFO accused of embezzling $20M from credit union http://on.freep.com/1PRXN30
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!