Remove Community Remove Community Bank Remove Marketing Strategies
article thumbnail

How banks attract new deposits in a competitive landscape

Abrigo

To succeed, banks must carefully balance competitive offerings with cost control while leveraging technology and relationship-building strategies to attract new deposits. Investing in digital solutions not only improves the customer experience but also positions community banks as forward-thinking financial partners.

article thumbnail

Paid social media’s place in your marketing strategy

Independent Banker

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. They share tips for how community banks can get started. By Amy Geist. What is paid social? Vanessa Hanson, ICBA.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Community banks – Technology, reliability and a cautionary tale

Long Lasting Ideas

1994, in the days when telephone banking was new and transactions were still. Carolina community bank. Continue reading Community banks – Technology, reliability and a cautionary tale at Bank Marketing Strategy + Ideas. He made a $1,500 deposit in cash to open the account.

article thumbnail

Marketing Strategies to Drive Loan Volume

Independent Banker

Now is the time to market for loans. Thanks to COVID, 22% of consumers intend to switch banks, and the opportunity for community banks to acquire new customers is ripe. It’s possible to attract highly engaged consumers if you have the right products and marketing strategy.

article thumbnail

April is Community Banking Month. Here are nine ways to celebrate!

Long Lasting Ideas

As you probably know, April is Community Banking Month. Some community banks trim the celebration to a week, others celebrate the whole month. Whatever your bank’s choice, BankMarketingCenter.com has some fun ideas for celebrating your bank’s positive role in the community.

article thumbnail

Community banks and the power of tradition.

Long Lasting Ideas

Continue reading Community banks and the power of tradition. at Bank Marketing Strategy + Ideas. Too, all of us wanted to play for the legendary Auburn coach, Ralph “Shug” Jordan.

article thumbnail

At last, a Washington idea community banks and credit unions can use.

Long Lasting Ideas

Often in this space, we’ve written about how Washington has made community banks its personal punching bag. Sarbanes-Oxley, Dodd-Frank, the FDIC and other financial regulators – as well as Congress and the White House — have not been friendly to community banks, all while bailing out Wall Street big boys.