Independent Banker - April 2020 - 52

new customers
How to get
Customers have more choices than ever about where
and how to do their banking. Community banks must
find the right ways to engage them if they want to win
and retain their loyalty. Here are the strategies that
are working for several community banks.
By Robert Lerose * Illustrations by Priya Mistry
hanks to new competition for financial services accounts, it's more
critical than ever that community banks have reliable ways to
acquire and retain new customers. Some traditional marketing
methods still work, but bankers say the most effective game plans
combine face-to-face relationships, consistent outreach and
community involvement. Adapting these strategies to your community bank
could help it stand out in a crowded market.
" Being visible in the community is really important, " says Geoff Thomas,
chief product officer at Harland Clarke, a payments and marketing services
provider in San Antonio, Texas. " Banking remains a highly personal thing and
it's best served with relationships, which are generally formed through some
kind of contact. It's important to put yourself in a place with that context, but
have it be relevant and appropriate. "
Having extended business hours or buying an ad at your local stadium may
not be enough to get people to bank with you. Thomas says community bankers
52 Q ICBA Independent Banker Q April 2020
T

Independent Banker - April 2020

Table of Contents for the Digital Edition of Independent Banker - April 2020

Table of Contents
Independent Banker - April 2020 - Intro
Independent Banker - April 2020 - Cover1
Independent Banker - April 2020 - Cover2
Independent Banker - April 2020 - Table of Contents
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Independent Banker - April 2020 - Cover3
Independent Banker - April 2020 - Cover4
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