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Valley Strong Credit Union, Bakersfield, California, United States: ValleyTok

Company: Valley Strong Credit Union, Bakersfield, CA
Nomination Submitted by: Meaningful Works
Company Description: Valley Strong Credit Union, established in 1938, stands as a leading financial institution deeply rooted in the Central Valley community it serves. Committed to member empowerment, Valley Strong personalized financial solutions with a mission to foster economic growth and prosperity.
Nomination Category: Social Media Categories
Nomination Sub Category: Most Innovative TikTok Channel
2024 Stevie Winner Nomination Title: ValleyTok
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated TikTok channel since the beginning of 2022, OR written answers to the questions? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:

    n/a

  3. If you are providing written answers for your submission, provide here an essay of up to 625 words describing the innovations expressed through the nominated TikTok channel since January 1 2022:

    Total 265 words used.

    Valley Strong Credit Union has been a staple in the Central Valley of California for nearly 85 years. The Credit Union offers a full suite of consumer and business banking products and services for their members. Our challenge was to introduce Valley Strong Credit Union to a younger demographic, ages 18-34, located in the Central Valley. Our approach was to anchor the content within Valley Strong’s core brand pillars of community, expertise, and relatability to not only educate but entertain our audience. 

    We executed this by leveraging the platform in innovative ways to celebrate our community and empower this audience with financial know-how in easy and fun-to-digest content that feels local, relevant, and simply from a friend. We partnered with micro-influencers that were local to the community and experts in the banking and financial services industries to establish trust and create authentic content to strengthen brand reputation and engagement. Themes included BankTalkTok, quick Money Snacks, and Credit Unions vs. Big Banks.

    Our media performance drove impressive results, generating in over 10 million total impressions with a 43% engagement rate, which is 3X above industry benchmarks. TikTok proved to be a powerful tactic not only in driving awareness but also traffic to our website. As a result of our innovative content, this initiative garnered .46% click through rate, +38% above industry average. Our campaign also achieved an outstanding watch rate of 42%. This successful performance speaks to how well the content resonated with our audiences and set up a strong foundation for content creation that is on-brand and relevant to the ever-changing trends of social media.

Attachments/Videos/Links:
ValleyTok
URL Valley Strong Credit Union TikTok