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Dominon Credit Union Refinance Campaign

Research

With low interest rates and an improving economy, research showed that homeowners were ready to refinance, if they believed that credit was easily available to them.

Strategy

A home refinancing promotion consisting of a low-rate 3.25% APR, $399 closing costs, and a limited-time window gave customers the confidence they needed. The message was warm and inviting to also help put them at ease.

Target

Homeowners, age 35+, credit score 720+, Virginia and North Carolina residents

Delivery Channels

  • E-Blast
  • Web Banner
  • Onsert
  • Poster
  • Jumbo Postcard

Return on Investment: 752%

Dominion Credit Union opened 19 new loans, for a total of $2,791,900, and an ROI of 752%.

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