Weekly Wrap-Up 04.18.14

by Jim Perry on April 18, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week:

Mergers, Acquisitions – Expansion, Consolidation

Marketing

Mobile

  • Santander ‘superwallet’ targets m-commerce: Banking Group Santander has added m-commerce to its mobile banking…
  • Westpac New Zealand tests finger print scanning for log into its mobile banking app

Industry News

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That’s all for this week. If we missed an important story, drop me a note.

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Weekly Wrap-Up 04.11.14

by Jim Perry on April 11, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week:

Mergers, Acquisitions – Expansion, Consolidation

  • Elmira Savings Bank purchases former bank building w/plans to remodel and open full service branch in 2015 http://bit.ly/1gbirHx
  • Wintrust bulks up in Wisconsin with 11-branch purchase http://bit.ly/1lSMpaG
  • Huntington Bancshares to acquire 11 BofA branches in Central and East Michigan http://on.mktw.net/Q93JdK
  • FNB adds scale to their Maryland region with acquisition of OBA Financial Services http://bit.ly/R2GvqE
  • In North Carolina, Generations Community Credit Union has merged with Self-Help Credit Union http://bit.ly/1n2XXp0
  • The merger of Iowa Community Credit Union and Dupaco Community Credit Union is complete http://bit.ly/1g74NbV
  • PacWest Bancorp completes merger w/CapitalSource,conversion of branch operating platform to be completed over weekend http://bit.ly/1k30DT
  • IN’s MainSource strengthens southern IN and Cincinnati, OH foothold w/acquisition of Merchants Bank and Trust Co. http://bit.ly/1szIDUU
  • Omaha’s SAC Federal Credit Union opens new $25M headquarters http://bit.ly/1hWRviM
  • Spartanburg, NC-based Carolina Alliance Bank completes merger with Forest Commercial Bank of Asheville http://bit.ly/1ioS2Xm
  • WV’s Premier Bank Inc. has completed its $20.25M acquisition of the Bank of Gassaway http://bit.ly/1mYez16
  • Fed OKs Tower Bank acquisition by Evansville, IN-based Old National Bancorp http://bit.ly/1lHG0MQ
  • Wichita’s Mid American Credit Union merges w/Lawrence, KS’ Jayhawk Federal Credit Union http://bit.ly/1oGoz3H
  • NW Indiana banks complete merger – First Federal Savings & Loan of Hammond acquired by Munster, IN’s Peoples Bank http://bit.ly/1qea0lp
  • Peoples Bancorp to acquire Ohio Heritage for $38M http://bit.ly/1kiEZgV

Marketing

  • NY’s CORE Federal Credit Union marks $1 million in student deposits with scholarship giveaway http://bit.ly/1lMH2qJ
  • BofA uses classic 1930′s Popeye cartoon to promote P2P through mobile banking app – watch ad here: http://bit.ly/1iwCCBG
  • BofA’s SVP Paskalis: Think Like A Marketer, Not Advertiser, In Mobile http://bit.ly/1hzEvv5
  • While the wealth of other generations has regained pre-crash levels, Gen Y households are struggling to catch up http://bit.ly/1qfS61H

Mobile

  • Lenders place their bets on mobile banking; “a critical weapon in the battle to retain customers and cut expenses” http://on.wsj.com/1i4DBuU
  • NY’s $833.5M Evans Bank sees use of nontraditional technology as “part of a long-term plan to expand market share” http://bit.ly/1g6U01m

Industry News

  • FDIC believes community bank consolidation risk is overstated http://bit.ly/1gPfUCd  they appear to rely heavily on past data
  • Banks’ defenses appear to be working against the Heartbleed bug – how will you assure customers re: password safety? http://cnnmon.ie/R5tPzu
  • On allegations of racial discrimination at CFPB “I believe we are at Genesis…I think Revelations are yet to come.” http://bit.ly/1qicSOj
  • Big U.S. banks must boost capital by $68 billion under new rules http://reut.rs/1e7lVQ0
  • US regulators to vote on bank leverage rules – 8 biggest banks will likely have to maintain higher leverage ratios http://reut.rs/1e7lVQ0
  • Globally, 31.5% of all 2013 phishing attacks mimicked financial sites: banks & online payment systems (PayPal, etc.) http://bit.ly/1g0hp0R

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That’s all for this week. If we missed an important story, drop me a note.

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Weekly Wrap-Up 04.04.14

by Jim Perry April 4, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation New credit union chartered by The NCUA in South Carolina http://bit.ly/1dXD6Dx Banner Bank to acquire 6 Sterling Bank branches amid Sterling transition to umpqua bank – explain that to […]

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Pain Points

by Jim Perry April 1, 2014

TD Bank is in the process of launching the next iteration of its “Bank Human, Again” marketing campaign, complete with ads that feature improv actors portraying the bank’s basic theme that “sometimes you need a real person”. The image above is from one of four “Human Truth” ads that, according to Media Post, will run […]

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Weekly Wrap-Up 03.28.14

by Jim Perry March 28, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation Layoff process is underway as Iberia Bank’s merger with Teche Federal nears closing http://bit.ly/1hhsApP Greensboro, NC’s NewBridge Bank shareholders OK CapStone merger http://bit.ly/1dzn3LP First Federal Bank of Wisconsin of […]

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Weekly Wrap-Up 03.21.14

by Jim Perry March 21, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation Michigan’s AAA Auto Club Group to buy $465M-asset National Bancorp in Sycamore, IL http://t.co/FpBxZas8V4 pic.twitter.com/NL7cIYxmhD — Jim Perry (@mi_jim) March 21, 2014 Lakeview Credit Union members have approved a […]

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Weekly Wrap-Up 03.14.14 (Pi Day)

by Jim Perry March 14, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation Alaska Pacific Bancshares, Inc. shareholders approve merger with Northrim BanCorp, Inc. http://on.wsj.com/1fEud0u Ft. Wayne, IN’s Fort Financial Credit Union will acquire the ITT Employees’ Federal Credit Union http://bit.ly/1iICnZ3 Fort Worth, […]

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Weekly Wrap-Up 03.07.14

by Jim Perry March 7, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation The first of two new Idaho Central Credit Unions opened their doors for business http://bit.ly/1cHqJp3 FL’s First Florida Credit Union and State Employees Credit Union to merge http://bit.ly/1f5PzUl The […]

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Repositioning for Growth – Part III

by Joe Sullivan February 28, 2014

In mid January I began this series on three of the strategic priorities that should be on the top of your list if you are ready to resume your search for growth.  These elements were:  1) Addressing Culture and the role it can play in long-term shareholder value, 2) Refocusing on your Brand, and today, […]

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Weekly Wrap-Up 02.28.14

by Jim Perry February 28, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation Oconee Federal Financial Corp. to acquire Stephens Federal Bank of Toccoa, GA http://on.mktw.net/1pDOTcM Umpqua Holdings Corporation and Sterling Financial Corporation shareholders overwhelmingly approve merger http://on.wsj.com/1gEmkpk Lyon County State Bank […]

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