Launch Pad: Getting the Word Out | February 2025
We often hear complaints from our clients that people simply don’t know who they are or have never heard of their institution. In large metro areas, competition is fierce and brand recognition can be challenging. In contrast, small towns thrive on a close-knit community where word-of-mouth travels fast. So, how can your bank stand out and build trust within your community?
Be Present in the Community
The most effective way to increase your bank’s visibility is to be an active participant in local events. Attend roundtables, join networking groups - even as a guest - and show up at community events like parades or local softball games. Sponsoring these events not only raises awareness but also demonstrates your commitment to the community. Creating a master listing of all these groups and ensuring that someone from your business side is involved can help maintain a consistent presence and build meaningful relationships.
Leverage Digital Tools
Social media is a powerful tool for community engagement. Consider using geo tagging in your posts for a month to target the community you want to be known in. By tagging locations, you increase the chance of local residents seeing your posts, which helps bridge the gap between your digital and physical presence. This localized strategy can foster a sense of familiarity and encourage community members to consider your bank for their financial needs.
Innovative Advertising Strategies
Traditional advertising methods still play a crucial role in local marketing. Using vehicle wraps is a cost-effective way to turn your company vehicles into mobile billboards that advertise your bank wherever they go. Similarly, investing in mobile billboards that drive around local neighborhoods can capture the attention of residents in a dynamic, eye-catching manner.
Getting the word out about your bank doesn’t have to be overwhelming. By actively participating in local events, leveraging geo-tagged social media posts, and utilizing creative advertising strategies like vehicle wraps and mobile billboards, you can significantly boost your local presence. Whether in a sprawling metro area or a small town where everyone knows each other, these strategies help ensure that more people not only recognize your bank but also trust it with their financial future.
Recent Blog Postings
Building Treasury Titans - Entrepreneurs
To provide exceptional TM services, your team needs more than technical skills - they need to understand the mindset, challenges, and goals of business owners. One way to ensure your team can connect with customers on a deeper level is by hiring former (or even current) entrepreneurs. Read more on the blog...
Building Treasury Titans - Attitude
Building a high-performing Treasury Management team isn’t just about finding the most qualified candidates; it’s about finding those who bring the energy, empathy, and enthusiasm necessary to foster long-term customer relationships.. Read more on the blog...
Thank You Members
Thank you to all our members for your continued support of our newsletter. Your engagement keeps us motivated to deliver the best in community bank treasury management content. If you're a guest, consider a paid Launch Pad newsletter membership to have exclusive insights and updates sent direcly to you, ensuring you never miss out on the latest in treasury management strategies and trends.
In this month's paid membership section directly from the TMClarity Framework, we go deep on Treasury Management Fee Schedules. If you are a paid Launch Pad member, login using the links in the box below.