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Royal Bank of Canada Archives

Types of Financial Institution Blogs

By Jim Bruene on September 10, 2007 5:13 PM | 7 Comments

I am in the process of creating a table for the next issue of Online Banking Report, our 13th annual planning guide. The table (see draft below) is designed to show the wide variety of blog types available to banks and credit unions (see note 1). It's a tabular update to the "45 Reasons for Banks to Blog" article in our Bank 2.0 report.

Many (most?) blogs could be classified in two or more categories. For example, Royal Bank of Canada combines student marketing, event awareness, and recruiting at its RBC p2p site where the bank is soliciting entries for six college-student bloggers to create video and text content for its student site (screenshot below; note 2).  

Here's the list so far. Am I missing anything? A $5 Starbucks card for anyone who comes up with a new blog type for this list or who provides an example to fill in the ??? holes in the table (please leave in comments below):

 

 Type Financial Institution Examples
 Contest RBC's (Canada) Next Great Innovator Challenge & RBC p2p
 Recruiting Quicken Loans What's the Diff?
 Product focused Student Loandown from Wells Fargo
 Community building Piedmont Credit Union
 Community service Vancity Change Everything
 Board report  The Boardcast from UFirst Credit Union
 Students/kids Stagecoach Island from Wells Fargo; RBC p2p
 B2B Wells Fargo CEO (Commercial Electronic Office)
 Special interest Bank of Internet MyRVBank.com
 General PayPal, Tech CU, Verity CU and 30+ others
 Single employee effort Mobile Banking from Huntington Bank's Brandon McGee
 Credit education Credit Bloggers from Credit.com
 Shareholders ??? (see note 3)
 Real-estate owned, repos ??? 
 Branch manager ???
 Real estate Zillow, Redfin
 CEO/exec blogger Tinfoiling by Gene Blishen, Mt. Lehman CU (Canada)
 Events/sports ???
 Online banking tips & tools ???

 

More information and links to the above blogs can be found in the "blogs" topic here.

Notes:

1. For a thought-provoking editorial on how blogging can be incorporated into financial institution websites, check out Ron Shevlin's latest here.

2. Hat tip to Colin Henderson for posting about RBC p2p here.

3. ??? means I don't know of banking or credit union examples for these blog types; $5 Starbucks cards for the first commenter to fill in the blanks.

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Royal Bank of Canada Launches PC Banking

By Jim Bruene on January 24, 1997 1:40 PM | 0 Comments

Royal Bank of Canada (Montreal; $132 billion) launched PC Banking via MECA’s Managing Your Money software on Dec. 16 (see related article left). Monthly fees for PC banking are $4.95 CDN for personal accounts and $8.50 CDN for business accounts. MYM software is free. Normal transaction fees also apply to transactions initiated online. Martin Stevens is Manager PC banking, 416.955.5773. Chuck Wilson is Sr. Manager Direct Banking, 416.974.7746.

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