13 Unconventional Bank Marketing Campaigns for 2022 – The Financial Brand

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By Garret Reich, Editorial Associate at The Financial Brand
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Traditional financial marketing faces a stiff headwind. Banks and credit unions are institutionally a conservative group, running marketing campaigns that lean on the safe side instead of letting loose with an out-of-the-box idea.
Financial marketers want to be creative, but they also don’t want to run the risk of upsetting regulators, customers or senior management. Unfortunately that approach puts these institutions at a disadvantage to newer competitors — the digital-savvy fintechs and neobanks that don’t care if their ideas push the envelope. They aren’t regulated as closely (if at all) and have significantly more freedom to get creative.
Additionally, they’re marketing mainly to younger consumers, who are naturally more open to new ideas.
Regardless of the constraints, some banks and credit unions have released truly innovative campaigns. In this gallery we present not only these, but a selection of efforts from the digital-only crowd who have been leading the way with clever and original ideas — sometimes even a little crazy.
Talk about meeting people where they’re at. U.K.-based Monzo added entire buses to its marketing repertoire and it got popular fast.
Monzo bus
The buses also got their own Twitter account.
Monzo bus Twitter account
The iconic double-decker buses aren’t the only thing that made the campaign unique, however. To get people to interact with Monzo and its Twitter accounts, the digital bank encouraged people to photoshop the Monzo bus in creative and interesting ways. Whoever submitted the best was featured on the Monzo bus Twitter account.
Monzo photoshop contest
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Barclays Bank U.K. took a different approach to advertising in a video format. Instead of sponsoring a television show, it produced its own mini dating-show, called “Moneyverse Matchmaking.”
Barclays Moneyverse matching commercial
This isn’t the only video marketing based on real-life scenarios used by Barclays. In February 2022, it released the first episode of ‘Street Talk.’ In the short video, one of its employees asks people on the street if they knew homebuying terms and what they meant (e.g. ‘stamp tax’ and ‘gazumping,’ a pair of U.K. terms), as part of its financial education programs.
Florida’s Community First Credit Union is often open to unique marketing ideas, says Jennifer Forgét, Vice President of Marketing at Austin Williams.
One of those ideas was used during the credit union’s sponsorship of the June 2021 Seawalk Music Festival. They wanted something interactive to involve festivalgoers, and decided on a “massive coloring book,” Forgét says.
Community First Austin Williams book
“This ginormous coloring book gave people the opportunity to complete the phrase ‘Just Be __________,” Forgét explains. ‘Just Be’ was the name of the marketing campaign Austin Williams designed for Community First. “At night, the coloring book was blacklit — all of the coloring and the crayons were a neon color.”
Community First Austin Williams markers
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If there is a way to win over Gen Z customers, it’s with a trendy clothing line, specifically one that features a partnership with rapper Megan Thee Stallion. That’s the idea Block’s marketing team came up with for its CashApp P2P product.
CashApp Megan Thee Stallion
But, the clothing line isn’t just a set of run-of-the-mill $5 t-shirts with a logo on it. The clothes do have CashApp branding, but are also designed with a younger consumer in mind.
The clothing line features sweatshirts, pants, t-shirts and matching collections, such as the Hot Girl Enterprise Collection (see above), Cosmic Collection and Stock Camo Collection (photo below).
CashApp stock came collection
Abeg — a payments company based in Nigeria — didn’t go with just a billboard or a squad of mobile app influencers to get its name out there. Instead, it sponsored the sixth season of Nigeria’s take on the American classic reality television show ‘Big Brother’ — called ‘Big Brother Naija’. The show is the most popular and most-watched reality show in Africa, according to TechCrunch.
beg Big Brother sponsorship
Before the ‘Good Truck’ was born, U.S. Bank had a food truck — called ‘Made in Arizona’ — which rolled around the Grand Canyon State for several months, featuring food from local restaurants. The big Minneapolis-based bank introduced similar trucks in other markets.
U.S. Bank food truck tweet
When Covid-19 hit the U.S., the bank quickly turned the food trucks into what it refers to as its ‘Good Truck’ campaign. Before long, there were five Good Trucks around the country, delivering flowers to school staff and free lunches to healthcare workers.
U.S. Bank good truck
Getting a novel marketing campaign started doesn’t always take a massive strategy overhaul or a crazy idea. Sometimes, it’s all about finding a fun and new way to interact with people day to day.
Southern California-based Frontwave, in partnership with marketing firm Strum, launched a line of merchandise with the credit union’s name and logo. There were of course shirts and water bottles in their ‘Team Store,’ but there were also handmade skateboards and surfboards — cool stuff for their part of the world.
Frontwave Credit Union skateboard surfboard
Sofi became part of the talk of the town during the 2022 SuperBowl when the Cincinnati Bengals met the Los Angeles Rams in the newly built, state-of-the-art Sofi Stadium, which opened in late September 2020 in Inglewood, Calif.
SoFi Stadium sponsorship
Other institutions have bought stadium naming rights, but the fintech’s gutsy investment — $625 million for a 20-year contract — paid off big time. The SuperBowl alone justifies the expense. Approximately 112.3 million people watched the event.
( Learn More: Why SoFi’s Tech + Bank Deals Could Disrupt Traditional Banking )
UNIFY Financial Credit Union wanted to introduce a mobile branch to its market, but wanted something more than an RV with their name on the side. Design and marketing company Adrenaline took the idea and ran with it.
UNIFY mobile branch
UNIFY mobile branch interior
“We asked Adrenaline to push the envelope, to show us something a little bit different,” says UNIFY’s Corporate Communications Manager Neil Kochan. ” They knocked it out of the park.”
If you need to learn how to cook or how to write your next novel, you can turn to online classroom Masterclass and find expert advice from the best of the best in that industry. There’s a suite of experts teaching classes including Gordon Ramsay, Mariah Carey and even Bill Clinton.
But, there’s not a class specifically for financial health on the Masterclass website. Wealthsimple, the personal investing and wealth management fintech, decided to fill in the gap on its own website.
Weathsimple masterclass
The fintech’s ten mini-videos dive into the topics of investing, saving, finance automation, financial advising and more.
Wealthsimple doesn’t stop there. It also has its ‘Wealthsimple Magazine’, an online publication that displays articles in a visually-appealing setting (almost as if you’re scrolling through a New Yorker magazine) for anyone to quickly learn how to best invest their money.
Not every marketing campaign has to be a one-and-done investment that peters out after six months. Some, like the American Express-produced documentary, “Spent: Looking for Change,” have a strong influence for much longer than that.
The documentary, produced in 2014, has been watched nearly two million times and has 11,000 likes.
“Spent: Looking for Change” follows four American families who are living paycheck-to-paycheck. It illustrates the need for a financial system that serves unbanked and underbanked populations who seek out payday loans and pawn shops just to get by.
Few bank marketing departments can tackle their own full-length documentary, but the production (which can be viewed on the Documentary Storm site) demonstrates the scope possible by unconventional thinking. A much more modest effort could be equally effective on the right banking-related topic.
Spent Looking For Change documentary
( Dig Deeper: Is AmEx’s Consumer Checking Move Defense, Offense Or Both? )
Back in 2010, WePay shocked the marketing world by dropping a 600lb block of ice with dollars frozen in it at the doorstep of the PayPal conference in San Francisco. It was taking direct aim at customer complaints that PayPal would freeze their money without warning.
WePay frozen money
Over a decade later, it still resonates among marketers as a brilliant guerilla marketing campaign.
Of course, this isn’t the right choice in every instance. However, getting the attention of customers can sometimes mean being literal and bold.
We’ve talked about mobile branches, food trucks and a bus plastered with the name of a neobank that travels London.
Arguably, ConnectPay’s truck is next-level.
ConnectPay Tatra Jamal Dakar race truck
Outside of the United States, the Dakar Rally — an off-roading endurance rally — is a major event. Originally run between Paris and Dakar, Senegal, it is now held all over the world, from South America to the Middle East.
In January 2022, it was held in the Saudi Arabian desert, where fintech ConnectPay finished twelfth with its sharp looking ‘Tatra Jamal’ truck.
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