Credit Union Marketing
Sometimes shorter is better.
International Harvester Employees Credit Union faced a problem many credit unions have; their founding SEG no longer existed under the same name. SOLUTION: iDiz was hired to research staff and member feelings on the existing name and collect suggestions for new names via an online survey. Even with favorable survey results and name suggestions, many…
Read MoreFive ways to make a small CU roar
According to this article by Glenn Christensen on CU Insight, small credit unions are notably less efficient with their marketing dollars. The numbers are gloomy, but not all that surprising. After all, the cards are stacked against the pipsqueaks in many ways, not just limited budgets — marketing time, attention, money and (dare we say it?) talent are all…
Read MoreEveryone has an opinion
Ask for an opinion and most of the time you’ll get one. As a creative person, you are probably used to getting opinions all of the time — from your boss, coworkers, possibly even clients. Sometimes you’ll get useful, constructive insight that gives you the chance to improve, that helps you turn what you are…
Read MoreHave a confession to make?
Confession of your sins is good for the soul, and an important part of Catholic tradition. And confession of your financial “sins” is a great way to start a conversation, learn from mistakes, and become more financially savvy. Catholic Federal Credit Union, based in Saginaw, Michigan, decided to have a little fun with this tradition. We created a…
Read MoreInnnntroducing…Rent-a-Brain!
Are you responsible for too many initiatives, an overabundance of priorities, an excess of tasks at hand with way too few fingers to get it done? Are you a slam-packed, schedule-smacked, shell-shocked, docket-pocked shell of your former self, trying your best to appease particularly pesky purveyors of arbitrarily outrageous deadlines? In short, has the fun…
Read MoreHow to spot a silo
Departmental silos are still one of the biggest problems at credit unions, and I am always surprised when a CEO is unaware of them. Maybe it is because I grew up around small rural midwestern towns. Every day you would see silos outlined against the sky, dwarfing the other farm buildings. It was common knowledge that these tall, windowless tubes…
Read MoreNot your Grandma’s Credit Union
PROBLEM: Harvester Financial is a small credit union that needs to grow. The manufacturing plant where they started had been closed years ago by their original SEG, which itself had been sold and merged into another company. Even with mergers membership was aging, and the credit union wanted to update their image in order to bring in younger members. While their…
Read MoreContent Marketing is all about the conversation
Everyone loves a good story. Numerous studies have even shown that our brains respond more to stories than cold, hard facts. That’s probably why stories have been a primary Branding & Marketing tool since, well, forever, and why they became a priority once content marketing and social media took off. After all, someone has to fill all that space. It’s not…
Read MoreConsuming life, one chunk at a time.
Our life is fragmented. Our attention span is short. Our phones have become permanently attached, which means we are always accessible to the world, with tech (Twitter, Facebook, Snapchat, Instagram and email) just a tap away. Life keeps us moving, pulling us this direction one minute, another direction the next, only leaving time to consume…
Read MoreVideo is eating the internet (and how to get on the menu)
There are 300 hours of video being uploaded to YouTube every minute. Cisco tells us that by 2019, video will be 80% of all consumer internet traffic, up from 64% in 2014. Video on demand will double by 2019, with over 70% of that HD. Thankfully broadband speeds are supposed to double in that same time…
Read More