Just one year after launching consumer-facing Facebook and Twitter accounts, the Rancho Cucamonga, Calif.-based payments CUSO CO-OP Financial Services has collected more than 122,000 followers on Twitter and 17,000 followers on Facebook, the CUSO announced.
According to a ranking released by The Financial Brand, CO-OP's Twitter account is by far the most widely followed in the credit union industry, and its Facebook page ranks in the top 20 among industry organizations with a presence on that network.
“The growth of our social media channels is due to the long-term commitment CO-OP made last year to bring the great credit union story to consumers,” Stan Hollen, president/CEO of CO-OP, said. “We have also stayed true to our approach of building an online environment that is relevant to the lifestyle of the modern consumer, and provide information in a fun and inspiring voice that reinforces the messages and the values of the credit union movement.”
CO-OP launched its social media sites in May 2014 to promote “Empowering People. Amplifying Dreams,” an outreach initiative targeting millennials, which aims to educate consumers about how credit unions can help them achieve their financial goals. Posts related to the campaign focused on how to secure a fruitful financial future – popular topics included handling student loan debt, controlling spending while out with friends and stretching the life of common household items, CO-OP said.
“We continue to evolve and optimize our content to address the needs and interests of our social media followers,” Hollen added. “In this way, we can make a compelling case on behalf of the industry that credit unions are the best kind of financial institution for millennials.”
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