EXECUTIVE SNAPSHOT

Client: First Commonwealth Bank (10-year partnership | Regional bank, $11.7 billion in assets)

Engagement: Full-Funnel Media Partnership

Headline Outcomes:

  • +366% YoY growth in checking account starts
  • +52% lift in marketing ROI
  • -85% reduction in cost-per-application (CPA)
  • Achieved growth goal in the first nine months of the campaign

The Challenge

Retail banks are under pressure to grow low‑cost deposits while navigating shrinking margins and heightened regulatory scrutiny. FCB needed to reverse a slowdown in new checking account growth but do it with 17% less budget than the previous year.

Strategic Insight

Our audit revealed fragmentation across channels and limited visibility into the customer journey. By unifying 1st party data in a consumer journey platform, we could: Identify high‑value audience segments based on life event signals (e.g., moves, job changes). Sequence messaging to nudge prospects from awareness to application. Measure contribution of every media touchpoint to conversion, not just last‑click.

Integrated Media Solution

Awareness

Connected TV, Streaming Audio, Programmatic Display

Consideration

Paid Social (FB/IG), Native Sponsored Content

Conversion

Paid Search, Retargeting, Email Triggers

What Moved the Needle

  • 2023
  • 2024
  • YoY
First Commonwealth Bank20232024YoY
First Commonwealth Bank
Checking App StartsXXXX,XXX+366%
Media Spend$XXX K (100% of budget)$XXX K (83% of budget)-29.04%
Cost Per App$X,XXX$XXX-85%
Marketing ROIBaseline+52%- or n/a

Why Banking CMO's Should Care

1. Profitable Deposit Growth: Generates >4× more new checking customers without increasing budget.
2. Budget Stewardship: Demonstrates to the board how every media dollar drives measurable account revenue.
3. Data‑Driven Agility: CDP integration future‑proofs marketing against cookie deprecation and rising consumer‑privacy demands.

Want to see these results for your organization?

Next Steps

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