September 16, 2024

How Brand and Product Marketing Can Grow Together for Banks and Credit Unions

Author
Lyn Wineman

In the world of community banking, the relationship between brand and product marketing is like nurturing a garden. Just as a flourishing garden needs rich soil and carefully selected plants, your financial institution thrives on a strong brand foundation paired with well-aligned products. When your brand and product marketing work together, they create a unified presence that draws in new customers, boosts deposits, and builds lasting relationships.

So, how can community banks and credit unions cultivate success by harmonizing brand and product marketing? Let’s dig in!

Align Your Products with Your Brand

Think of your brand as the nourishing soil where your products take root and grow. For your products to truly thrive, they need to align with your brand’s personality—whether that’s through naming, design, or messaging. If your community bank is known for innovation, make sure your product names and features reflect that cutting-edge spirit. This alignment strengthens your brand’s identity and makes it easier for customers to connect with your offerings, just like the right plants blossoming in the perfect soil.

Lean Into Your Brand Voice and Visual Identity

A well-designed garden stands out because of its consistency—whether it’s a striking color palette or a thoughtful layout. The same goes for your product marketing. Every piece of advertising, brochure, and digital content should lean heavily into your brand’s voice and visual identity. By consistently using your brand’s tone, style, and values across every channel, you build trust and recognition. This makes your community bank or credit union the natural go-to choice in a competitive market, just like a beautifully maintained garden catches everyone’s eye.

Use a Brand-Focused Advertising Approach

Just like selecting plants that thrive in specific soil, your advertising strategy should reflect your brand’s unique personality. If customer service is the heart of your brand, feature customer testimonials highlighting the positive experiences of those you’ve served. If your brand champions community, shine a light on how a product supports local businesses or funds community projects. By focusing your advertising on what makes your brand special, you create a message that’s consistent, compelling, and connects deeply with your audience.

Highlight Rates and Incentives Within Your Brand Framework

A garden thrives when it gets the right balance of sunlight and water, and your promotional strategies are no different. When highlighting a competitive rate or special incentive, make sure it’s done within the context of your brand. Just like the perfect dose of sunlight can make flowers pop up, clear and transparent promotions help your products shine while maintaining your customers’ trust in your brand.

Engage Employees as Brand Ambassadors

Employees should feel equally invested in your brand. When your staff believes in your brand and sees it reflected in the products they offer, they become powerful brand ambassadors. Encourage your employees to embody your brand values in every interaction they have with customers. When your team tends to your brand’s “garden” with care, your customers will notice—and they’ll keep coming back.

For community banks and credit unions, brand and product marketing don’t just coexist—they create a thriving ecosystem when nurtured together. A strong brand foundation allows your products to flourish, while well-marketed products, in turn, enhance your brand’s reputation. By aligning your products with your brand, leaning into your brand’s voice and visual identity, and using a brand-focused approach to advertising, you can cultivate a marketing strategy that ensures your institution blooms for years to come.

At KidGlov, we specialize in helping community banks and credit unions grow their brand and product marketing strategies. Let’s work together to cultivate success and help your financial institution blossom in today’s competitive landscape.

KidGlov is a full-service advertising, branding, and content marketing agency with B Corp and National Women’s Business Enterprise certifications. It is located in Omaha and Lincoln, Nebraska, and specializes in nonprofit marketinghealthcare marketingfinancial services marketingsocial impact marketing, and purpose-driven businesses.