Contact: Mike Bridges – VP, Communications and Marketing 850.558.1022 mike.bridges@lscu.coop www.twitter.com/LeagueofSECUs
LSCU Cooperative Image Campaign kicks off second run of advertising in Alabama, Florida - Campaign will have a $1.2 million media buy - Consumers pushed to www.betternameforbanking.com BIRMINGHAM, Ala. /TALLAHASSEE, Fla., June 25, 2012 – The League of Southeastern Credit Unions
(LSCU) launched the second run of advertising for its Cooperative Image Campaign this week. The $1.2 million campaign is dedicated to raising awareness and membership for credit unions in Alabama and Florida. The six-week campaign, using the tagline ‘Credit Unions: we’re giving banking a better name,’ looks to build on the awareness created by the 2011 campaign. Pre- and post-campaign research indicated there was an eight-percent rise in awareness of credit unions in Florida and a six-percent rise in awareness in Alabama following the September, 2011 run of the campaign. Research also showed that 14 percent of consumers that had secondary relationships with credit unions (a car loan or saving account, but use another financial institution for main banking) moved their money to a credit union during the third quarter of 2011. The third quarter Call Report data showed a spike in membership in the third quarter. “We’ve gotten a tremendous amount of positive feedback from credit unions about the campaign,” said LSCU President/CEO Patrick La Pine. “The ads resonate with consumers. They show that credit unions are modern and that they offer better rates and lower fees. Last year 65,000 consumers visited the campaign website in six weeks. Consumers are becoming more aware of why credit unions are a better place to do their banking.” Generation X remains the target for the campaign which research shows is the largest demographic in the southeast that does not currently belong to a credit union. - more -