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Why Bank Clubs?
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More Bank Customers, With Less Work, And At Lower Costs Than You Thought Possible!
Bank clubs are essential in today's environment and represent an important part of many banks’ marketing program.
With their caring approach, our member banks have made their customer base almost impregnable to competition from technologically more advanced big banks and other financial services providers with aggressive telemarketing programs.
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Service Innovations For Club Customers
While most banks aimed their original programs at senior citizens the market is, of course, wide open for expansion into the exploding Baby Boomer population. A nationwide survey showed that the average age of 68 percent of bank club members is over 70, leaving a segment of 32 percent with distinctly different needs.
To appeal to Baby Boomers Banks have added accidental death insurance, prescription drug discounts, and 50 percent off in thousands of hotels across the country.
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Hi-Touch Meets Hi-Tech
Many banks are also recognizing the importance of today’s technology. The seniors of today demand convenient ATM locations and ask their banks for on-line banking and other Internet services.
There is a golden opportunity for banks to combining their demonstrated 'hi-touch' expertise with our 'hi- tech' solutions.
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Why Banks Find Club Services Profitable
Bank Clubs create opportunities for cross selling other bank services and generation of ancillary fee income.
They significantly increase customer loyalty and make the bank a convenient "one-stop" location. Clubs also offer the opportunity to attract new customers with new deposits, enhance the bank's image and boost employee morale.
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