League/LSC IIA Update Wednesday, November 17, 2010.

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Presentation transcript:

League/LSC IIA Update Wednesday, November 17, 2010

2 Contents Top LSC’s Credit Union Agreement Status What’s New –Black Friday Promotions –2011 Complete Tax Updates –2010 GM Private Offer Reminder –Sprint –Biz Kid$ 2010 LSC Communication Schedule

3 Top LSC’s January – October 2010 Auto SalesSprint Supporting Credit Unions Texas17,827Tennessee 56 Florida/Alabama7,233Pennsylvania 55 Pennsylvania5,064Illinois 53 California/Nevada4,802California/Nevada 42 New York4,268Missouri 32

4 Support Status Program Support Grows! 12/0910/10Increase12/0910/10Increase Big Ticket2,1252, Sprint5421, Member Rewards NA2,303 NA27 Check on the status of your credit unions with the League Reports at: nd Quarter Endorsing Credit Union checks mailed week of 10/4 2 nd Quarter Endorsing Credit Union checks mailed week of 10/11 Credit UnionsStates / Leagues

5 What’s New Black Friday Promotions Shop America – 11/26 through 11/29 –Shop America offers on-line access to over 1,200 merchants, most of which will offer Black Friday/Cyber Monday specials in addition to their cash back offer DIRECTV – 11/26 through 12/5 –Savings up to 70% first years subscription –SHOWTIME and starz free for three months –HD Access –HD and HD DVR Upgrade with Choice Xtra or above –Plus additional Black Friday Discounts Promotion –Special web banners available at: –Link to new Black Friday landing page –Leagues and credit unions will receive announcement the week of 11/15 Black Friday promotions provide credit unions the opportunity to increase member credit/debit card transactions

6 What’s New Tax Filing IIA preferred partner, CompleteTax –Credit union members receive a 30% discount –Basic package is free, others start at $13.95 –Plus 3 offers to file your Federal forms free: Unemployment, Balance Due, and Switching from a competitor Shop America also offers three additional preparation programs with cash back –FreeTaxUSA – 25% cash back –TurboTax – 7.5% cash back –TaxCut (by H&R Block) – 11% cash back Credit union newsletter article available at:

7 Update GM Private Offer Reminder to Members Status 217 credit unions signed-up targeting over 1.5 Million members!!! $1,000 private offer stackable with most GM incentives Avalanche is no longer an eligible vehicle for the private offer – an will be sent to all participating credit unions and leagues Encourage Credit Unions to Send Private Offer Reminders As we get closer to the hot Thanksgiving Holiday shopping period, it is highly recommended that credit unions follow-up with their targeted members , letters or postcards can be used New math boxes have been provided by GM which include current national cash incentives on the eligible vehicles Best Practices can be found under Follow-Up Communications at:

8 Updates Credit unions earn $4.5 million during the 2009 – 2010 contract year 789 participating credit unions will share in this pool Checks will be mailed in December Special offer through January 8, 2011 Motorola i1 for only $149.99, the first push-to-talk smart phone powered by Android and only from Sprint! Find a new promotional flyer at: For additional details visit: Credit union members have saved over $74 million Are your credit unions providing this discount to their members? Reach out to your credit unions supporting other IIA programs but not Sprint and make sure they are aware of this tremendous opportunity Act now so they can earn 75% of their marketing incentive next year

9 Update Biz Kid$ Many credit unions and leagues answered the call to support Biz Kid$ Over $300,000 was donated by supporting credit unions and leagues When combined with the CUcorp donation, over $1 million was donated to support the 2011 production year A special thank you to all our supporting leagues and credit unions!

10 Future League Communications League Conference Calls will be held the 1 st month of each quarter on Wednesday’s at 3pm EST* –January 19, 2011 Access Information –Toll free: +1 (866) –Conference ID: Monthly updates via PowerPoint Presentation will be ed on: –December 15 –Beginning in 2011, this deck will be updated on a quarterly basis only to coincide with the conference calls *Attendance required for Leagues Endorsing or Partnering with Big Ticket and Endorsing Member Rewards New Access Instructions