The
Credit Union Executives Society presented the GMA Best of Show award to
Carol Rogalski, manager of marketing and research, representing First
Calgary Savings & Credit Union Ltd., Calgary, Alberta, Canada, at
the 2007 CUES® Golden Mirror Awards competition.
Taking home the GMA
Rookie of the Year honor was Brad Blue, marketing specialist, Denver
Community Federal Credit Union, Denver.
Lori McCloud, marketing
manager, accepted the GMA Golden Shoestring award on behalf of her
credit union, Monroe County Community Credit Union, Monroe, Mich.
The awards were announced Tuesday, April 24, during the CUES Nexus Conference™, held at The Fairmont Dallas.
The
prestigious GMA Best of Show honor is awarded each year to one of the
first-place winners from the four asset divisions in the coordinated
campaigns category; it recognizes a single marketing effort
incorporating a variety of integrated approaches. First Calgary Savings
& Credit Union Ltd. was honored for a successful campaign that
targeted first-time home buyers and homeowners who were re-financing to
increase the credit union’s mortgage portfolio and attract new members.
First Calgary Savings & Credit Union Ltd. offered a below-prime
mortgage rate for up to a thirty-year amortization. Working with
marketing communications agency Young & Rubicam, First Calgary
Savings & Credit Union Ltd. released a multi-channel marketing
approach including print ads, Web site promotion, radio spots,
television and movie theater commercials. The campaign received more
than $92 million in mortgage loans, well over the goal of $35 million.
The GMA Rookie of the Year is selected from
all first-time winning entrants. As this year’s honoree, Blue was
responsible for three successful campaigns. A direct mail campaign to
increase membership presented Denver Community Federal Credit Union as
a fun, “unstuffy” financial institution, resulting in 154% more new
accounts than the marketing goal. Blue also won for Denver Community
Federal Credit Union’s “Build a Better Mortgage; Just Log On”
coordinated campaign. Members received a mailer including a Lincoln
Log, encouraging them to “log on” to the credit union’s Web site to
fill out a mortgage application. For a cost of $6,750, Denver Community
Federal Credit Union received nearly $6.6 million in mortgage loans. In
addition, Blue was also honored for his credit union’s annual report
mailing, created to make members feel appreciated by the credit union
and show how the members and the credit union are a “perfect blend.”
The GMA Golden Shoestring award is bestowed upon one
entry produced on a limited budget which showcases exceptional results
and outstanding creativity. Monroe County Community Credit Union’s
entry was the “Proud Members” campaign, designed to increase
recognition of the credit union’s corporate name in a more
cost-effective way than large billboard advertising. The credit union
asked its members to post promotional yard signs in their lawns for
entrance in a cash drawing. Monroe County Community Credit Union
distributed 662 signs in 2005 and 998 in 2006.
The
GMA program annually recognizes the credit union industry’s most
creative and results-producing marketing efforts. This year, CUES
received more than 800 entries in the 33rd annual competition’s 25
categories. A panel of nine judges composed of credit union marketers,
past winners and other advertising professionals scored the entries.
Source: Credit Union Executives Society press release April 26, 2007