« Financial Institution Milestones -- Is Intuit the Dominant Insurance Marketer on the Web? | Main | Financial Institution Milestones -- Wells Fargo Launches Banking on AOL »

Financial Institution Milestones -- Security First Network Bank Trying to Boost Usage

By Jim Bruene on May 25, 1997 10:23 AM | Comments (0)

Security First Network Bank
www.sfnb.com


Security First’s latest look. Notice the snail mail address in the upper right-hand corner. SFNB is trying to show that is solidly in the “real world.”

Security First Network Bank (Atlanta, GA; $41 million; 10,000 online accounts) is trying to boost usage of its Web-based bill payment (processed by CheckFree). New or existing customers making at least five bill payments between March 1 and June 1 are automatically entered into a contest to win a three-day course in race-car driving at the Skip Barber Racing School (value $2,300 but cannot be redeemed for cash) plus $750 cash for transportation. The goal of the sweeps is sound, but the prize is odd. It may be attention getting, and it was probably free in return for the publicity, but a grand prize should have broad appeal, or be exchangeable for cash. This one fails on both counts.

Contact: Michael Karlin is President, 404.679.3201, karlin@sfnb.com.


New account acquisition and bill payment usage sweeps.

Comments (0)

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/648

Leave a comment

Sponsors

BackBase IntelliResponse Yodlee FinovateEurope 2012

Events

  • FinovateEurope 2012 -- On February 7th, 2012, the second annual FinovateEurope will feature dozens of Europe's newest fintech innovations via a fast-paced demo-only format in the financial capital of London. 7 minutes each on stage. No slides allowed. Come watch the future of fintech in Europe unfold live! Get your ticket today and lock in your spot before it is too late!
  • FinovateSpring 2012 -- On May 8th & 9th, 2012, Finovate will return to San Francisco for our 5th annual west coast showcase of the newest fintech innovations from Silicon Valley and beyond. Each company gets 7 minutes to demo live. No slides allowed. Come watch the future of fintech debut! Get your ticket today and save big!

Research

  • NEW! Online & Mobile Banking Forecast: Current, future and historical usage: 1994 to 2021 - Find out more
  • NEW! Selling Insurance Online (Banking Edition): Can insurance help fill the fee-income gap? - Find out more
  • NEW! True Virtual Banking Has Arrived: BankSimple, Personal Capital, Betterment and others go branchless, paperless and “bank-less” - Find out more
  • 2012 Guide to Online & Mobile Banking Products, Pricing & Strategy: Preparing for a mobile-first world - Find out more
  • Family Banking: Tweens, Teens & their Parents: In a remote banking world, your most-promising prospects aren’t even driving yet! - Find out more

 

   

RSS Subscribe via RSS
RSS Subscribe to Comments



Email:


@NetBanker Twitter Feed



See all @NetBanker tweets