| American State Bank Liberty Checking Description:
The Liberty Checking Account offers free checking, the
first order of checks free, a free Tillie (ATM) card and usage and no service fee. A final
unique feature is overdraft protection for up to $200 at a fee of $20 per insufficient
check.
Situation:
ASB wanted to retain their club accounts and felt the pending introduction of free
checking by new bank holding companies would eliminate many of these profitable accounts.
Challenge:
Quickly establish ASB as the leader in the free checking trend while protecting club
accounts without cannibalizing their other accounts.
TPCG Solution:
While other financial institutions used gimmicks to introduce free checking, TPCG felt the
product was superior and excess clutter would detract from the message. A simple message
was used.
Results:
Club and existing checking accounts were maintained while opening thousands of new
accounts.
URL: http://www.asbonline.com
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