Objective: To open 3000 student checking accounts.
Strategy and Execution: The "Curfew has
just been lifted" teased the bank's campaign directed at 9,500
incoming freshman students during the registration and moving-in
period at the local university. This theme represented students'
newfound freedom while highlighting the bank's extended hours during
registration. An on-campus "pajama party" was held at registration
with snacks and a radio remote broadcast, and rollerbladers were
hired to hand out promotional literature on campus during peak
times. Meanwhile all incoming students were mailed paperwork to
facilitate opening an account. New customers received a colorful
theme memo board, and the first 100 new accountholders got imprinted
shirts. Bank employees, as well as the rollerbladers, wore their
shirts during this period. Banners and posters promoted the campaign
at the branch offices.
Results: Despite
increased competition, it was reported the bank exceeded goal with
total deposits over $5,000,000.