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For Immediate Release
Contact:
Jan Dailey, SVP, Marketing Manager
972-391-6191, jan.dailey@tnbcard.com
Kristine Tanzillo, Dux Public Relations
972-889-9577, kristine@duxpr.com
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Holiday Convenience Check
Promotion Pays Off in Strong Response, Healthy
Balances for TNB Card Services Clients
Dallas - May 22, 2007 - Credit
cardholders at participating credit unions
generated more than $1.36 million in balances
during the successful TNB Card Services
Holiday Convenience Check promotion.
The promotion, which ran from October 2006
through January 2007, featured special checks
mailed to select cardholders, which they could
use during the busiest shopping season.
Card members of The Coca-Cola Company
Family Federal Credit Union were among the
most responsive of any of the participating
credit unions. The Atlanta-based credit union
had a response rate of 3.59 percent, and the
average check written was $2,482.
Calling the results of the promotion
"great," Lakesha Chestnut of The
Coca-Cola Company Family FCU gave part of the
credit for its success to the timing of the
convenience check mailing, well in advance of
the holidays.
Chestnut said that the 42-year-old credit
union, a longtime TNB client, has run similar
promotions in the past, with successful
summertime and tax time initiatives to promote
card usage. The Coca-Cola Company Family FCU
serves employees of the Coca-Cola Company and
its affiliates, and has nearly 14,000 members
and assets of nearly $113 million.
"It was the combination of
convenience, timing, and effective marketing
that made our holiday promotion so
successful," said Dusty Bowers senior
vice president and national sales manager of
TNB Card Services. "The response rate was
strong and the average check amount high,
indicating that this promotion really appealed
well to the target audience. Our clients
appreciate the ease of implementing the
promotion, and the program's
effectiveness."
-t-t-
About TNB Card Services
TNB Card Services, owned and directed by
credit unions since 1976, provides electronic
payments processing, as well as an agent
issuing solution for credit unions nationwide.
Serving more than 475 financial institutions
and managing more than 1.6 million cards,
Dallas-based TNB enables credit unions to
enhance member loyalty through credit
union-branded card products. For more
information about TNB, go to www.tnbcard.com
or call Dusty Bowers at 800-422-0733, ext.
6555.
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