SlideShare a Scribd company logo
Choice
Christopher Cindrich • Zachary McCoy • Andrew Harrison • John DePalma
Deposit Growth
Why Deposits?
Stability and Security
Increase Loan Capacity
Loan/Deposit Ratio Target of 85%
Bolstered Credit Card
Responder Gender
51%48%
1%
Male Female Other
Responder Age
70%
17%
13%
0-25 25-45 45+
Do Rewards Programs Increase Your
Likelihood of Being a Long Term Customer?
78%
22%
Yes No
What Is the Most Important Feature When
You Are Applying For a Credit Card?
30%
60%
10%
Rewards Program Low Interest Rates Cash Back
Current Card
United Bank Visa Platinum
Features
•1% Cash Back on All Purchases
•Pay Ahead
•Fraud Protection
•Travel Accident Insurance Up to
$250K
•Identity Theft Security and Protection
Requirements
• Minimum Gross Income: At Least $36,000 Annually
• Homeowners: Net Worth At Least $30,000
• $10,000 Liquid Assets
• Non-Homeowners: Net Worth At Least $30,000
• $15,000 Liquid Assets
Current Application Process
1.) Download 2.) Print 3.) Complete 4.) Fax
5.) Review
Approx. 2/3
weeks
Concerns
Zeus
You Are In Control
Pick Your Path
Low Interest Rates OR Rewards Program
Simply Low Rates
0% Introductory APR for First 3 Months
5.99% for Next 3 Months
8.25% Thereafter
The Competition
BB&T Bright Low Rate Card - 8.15%-17.15%
* would not release interest rates when called directly
Huntington Bank Low Rate Card - 9.99%-24.99%
Rewards Card - 12.99%-27.99%
Clear Mountain Bank
Rewards Card - 9.00-18.00%
Capital One Quicksilver Low Rates Card - 12.9% or 17.9% or
22.9%
Earn Rewards.
Your Way!
Earn
• Initial Sign-Up
• Opening Additional United Accounts
• Spending
• Referrals
• Making Timely Payments
• Preferred Local Vendors
• Seasonal Double Point Specials/Higher Cash-Back
Redeem
• Auctions & Sweepstakes
-Merchandise
-Event Tickets
-Gift Cards/Cash Prizes
• Classes (30 minutes)
• Charity Donations
• Local Businesses
Online Application
Mitigate Obstacles
Accessibility
Transparency
Secured Credit Card
One Hub
Cross-sell to new and current customers
Questions

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