Beers + Bus Stops = A Winning Combination For On Tap Credit Union

An unexpected marketing opportunity helped the Colorado-based credit union boost brand awareness and promote small area breweries.

A cheeky marketing initiative from On Tap Credit Union ($365.4M, Golden, CO) helped raise the profile of small area breweries suffering in the wake of the COVID-19 pandemic while also bringing in donations for a trade group that benefits women in the beer industry.

Beginning in the summer of 2021, On Tap ran a three-month marketing campaign featuring a bus stop designed to look like a six pack of beer. That might be an unusual look for most credit unions, but it’s on brand for On Tap, which is today a community charter but has roots serving Colorado’s brewing community. The bus shelter even advertised “taproom style banking,” fitting with the relaxed vibe inside On Tap’s branches.

Janelle Herrera, Vice President of Marketing & Business Development, On Tap Credit Union

“You don’t have to love beer to join On Tap,” says Janelle Herrera, On Tap’s vice president of marketing and business development. “But you do have to love an easy-going approach to banking because that’s our intent. We’re not going to be in suits and ties.”

The bus shelter design came about fortuitously. Blue Onion, On Tap’s media partner, let the credit union know a “bus topper” that resembled a six pack was sitting unused in a warehouse and was available at no cost if On Tap wanted to use it, although the credit union would still need to pay for use of the bus shelter.

“The timing was sort of perfect because it was coming off of COVID and a lot of our brewery partners were struggling,” Herrera says.

Along with the topper and signage about the credit union, On Tap also included a QR code that allowed users to make a donation to the Pink Boots Society, a national organization promoting women’s participation in the brewing industry. On Tap committed to matching all donations up to $1,500, and as a thank you for donating, donors received a buy one-get one coupon valid at area breweries.

Janelle Herrera, vice president of marketing and business development at On Tap Credit Union, poses in front of the six-pack bus shelter with an enlarged version of the credit union’s Pink Boots Society affinity debit card, which also benefits the brewing organization

“Pink Boots Society is a close partner of ours and we look for ways to give back,” Herrera says. “It was a great opportunity to get some awareness out about us in a way that supports the brewery industry, which needed help after being closed for so long with the pandemic.”

Herrera notes that the impact component was crucial for the credit union. “It’s a grab-your-attention type piece, but we wanted it to be more than that,” she says.

In addition to grabbing eyes, the credit union wanted to do something positive for its community. That’s how the QR code came about. Ultimately, the campaign provided an easy way to donate and give back to the community as well as drove business to local breweries.

Those efforts earned On Tap a 2022 CUNA Diamond Award in three different categories, including outdoor marketing and brand awareness.

Lessons Learned

One hurdle organizers had to deal with was how to manage donations made via the QR code. In the end, On Tap directed those donations through a PayPal account that sent the funds directly to Pink Boots Society.

Herrera admits the total amount of donations was modest. Users were only asked to donate one dollar, so the overall donation pool totaled around $120, but the credit union still gave the full $1,500 to the organization on top of those donations.

CU QUICK FACTS

ON TAP CREDIT UNION
DATA AS OF 09.30.22

HQ: Golden, CO
ASSETS: $365.4M
MEMBERS: 19,128
BRANCHES: 2
EMPLOYEES: 63
NET WORTH: 9.4%
ROA: 0.53%

And there have been financial benefits to the credit union that far exceeded that donation. Although the breweries that participated in the give back already did business with On Tap, Herrera says at least one brewery brought its business to On Tap as a result of the campaign. Another five have since joined thanks to this campaign and other outreach efforts. All told, the VP says those relationships add up to approximately $2.8 million in business opportunities for On Tap.

To get the word out about the bus shelter and the donation opportunity, On Tap also worked with PorchDrinking.com — a well-known website in the brewing world — to create a video about the campaign that included a walking tour of sites along the way between the bus stop and one of the partner breweries.

It’s unclear whether On Tap will run this sort of campaign again, but Herrera still chalks it up as a success. If the credit union were to try it again, she says it would likely be part of a larger omnichannel effort with a greater promotional push around the donation opportunity.

“As a one-off in and of itself, we got some great awareness through PR and we built some great relationships to help the cause,” Herrera says. “But we didn’t get the amount of donations we would have wanted.”

Timing was everything with this campaign, Herrera says. If On Tap had come up with the idea on its own, it would have had to create the display itself, which would’ve been a challenge for a shop with a tight marketing budget. The entire experience, she adds, emphasizes the importance of partnerships.

“It’s typical for credit unions to give back, but this is such a unique way to do it,” Herrera says. “It’s about having those great partnerships so when these kinds of opportunities come along you can take advantage of a situation.”

January 17, 2023

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