--- title: Radio Works, You Can Take That to the Bank description: As America's authority on results-driven radio, Katz Radio Group is sharing new insights on audio's ability to meet custom marketing objectives. image: https://insights.katzradiogroup.com/hubfs/banks-featured-image.jpg --- [![KRG-Logo-White-1](https://insights.katzradiogroup.com/hubfs/KRG-Logo-White-1.svg "KRG-Logo-White-1")](https://katzradiogroup.com/) - [About KRG](https://katzradiogroup.com/about-us) - [Our Culture](https://katzradiogroup.com/our-culture) - Our Companies - [Alliance Audio Networks](https://katzradiogroup.com/alliance) - [Audacy](https://katzradiogroup.com/our-companies/audacy) - [Christal Radio](https://katzradiogroup.com/our-companies/christal-radio) - [Eastman Radio](https://katzradiogroup.com/our-companies/eastman-radio) - [Katz Radio](https://katzradiogroup.com/our-companies/katz-radio) - [Katz Digital Audio](https://katzdigital.com/?__hstc=35808767.200993d2212d2534581fce605877360a.1661782191666.1661782191666.1661785502334.2&__hssc=35808767.1.1661785502334&__hsfp=3339184355) - [Katz Multicultural](https://katzmulticultural.com/?__hstc=35808767.200993d2212d2534581fce605877360a.1661782191666.1661782191666.1661785502334.2&__hssc=35808767.1.1661785502334&__hsfp=3339184355) - [Katz Partnerships](https://katzradiogroup.com/our-companies/krg-partnerships) - [- Katz Agricultural Marketing](https://katzradiogroup.com/katz-agricultural-marketing) - [- Katz Sports Marketing](https://katzradiogroup.com/sports) - [Insights](https://insights.katzradiogroup.com/) - [Careers](https://katzradiogroup.com/careers) - [Press](https://katzmedia.com/pressroom/company/katz-radio-group?__hstc=35808767.c71eed30486d5d69e0f915f2b50573dc.1672328506450.1673540405517.1674574731424.6&__hssc=35808767.3.1674574731424&__hsfp=2327326860) - [Contact Us](https://katzradiogroup.com/contact-us) Back to: [< All Case Studies](https://insights.katzradiogroup.com/case-studies) [< All Radio Insights](https://insights.katzradiogroup.com/) [Case Study](https://insights.katzradiogroup.com/case-studies) # Radio Works, You Can Take That to the Bank May 30, 2024 ![](https://insights.katzradiogroup.com/hubfs/banks-featured-image.jpg) ![Featured Image](https://insights.katzradiogroup.com/hubfs/banks-featured-image.jpg) [< See All Case Studies](https://insights.katzradiogroup.com/case-studies) # Radio Works, You Can Take That to the Bank by Admin • May 30, 2024 ### Financial Institutions • Brand Lift Financial institutions need to convey a wide range of brand attributes in their messaging in order to distinguish themselves from competitors and win over prospective clients. With its mass reach, local influence, and receptive audience, radio is an ideal platform for these financial brands to make people aware of their offerings and grow consideration among consumers.  Katz conducted brand lift studies for two commercial banks running robust radio campaigns across the country during 4th Quarter 2023. The studies found that both brands' investments in radio successfully boosted interest in opening a bank account with them. Brand consideration increased an average of +20% among those who heard the campaigns.    *Click gray circle to enlarge chart. *   BANKING TARGETS ARE RECEPTIVE AND RESPONSIVE TO RADIO ADVERTISING Not only were listeners more likely to open an account with the respective bank after hearing radio advertising, they were more likely to take other actions as well. 64% of consumers said radio advertising could encourage them to learn more about the bank itself, and about opening an account in the future. A reason that radio advertising helped grow brand consideration and the desire to learn more is that listeners are receptive to financial ads on the radio. 8 in 10 listeners believe it is smart for financial companies to use radio advertising to make people aware of their offerings.  *Click gray circle to enlarge chart. * Katz's study provided evidence that radio positively impacted key metrics for financial institutions. Listeners were receptive to banks using radio ads to promote their offerings and more likely to take action after hearing them. 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