'Go' strategy board game in play

The brand advantage

Fenella McCarthy, Housebrands’ Insight & Strategy Director, discusses why purpose-led strategy is the smartest move for Building Societies right now.

In a financial landscape dominated by digital disruption, shifting customer expectations and increasing regulatory scrutiny, building societies face a defining moment.

The pressures of 2025 aren’t just operational – they’re existential.

Loudspeaker on the corner of a building

To thrive, societies must reassert their relevance. Not through louder marketing or shinier apps, but through something deeper: clarity of purpose, cultural alignment, and brand strategy that ties it all together.

Brand is no longer a nice-to-have. It’s a strategic asset – one that reduces risk, sharpens focus, builds trust, and drives long-term resilience. This article explores how brand-led thinking offers a smarter, more sustainable path forward for mutuals who want to lead, not just survive.

The pressures of 2025 aren’t just operational – they’re existential.

To thrive, societies must reassert their relevance. Not through louder marketing or shinier apps, but through something deeper: clarity of purpose, cultural alignment, and brand strategy that ties it all together.

Loudspeaker on the corner of a building

Brand is no longer a nice-to-have. It’s a strategic asset – one that reduces risk, sharpens focus, builds trust, and drives long-term resilience. This article explores how brand-led thinking offers a smarter, more sustainable path forward for mutuals who want to lead, not just survive.

The challenges building societies face in 2025

Building societies today are navigating a complex set of pressures:

  • Digital transformation is accelerating but often lacks strategic alignment. Many institutions invest in new technologies without a clear sense of purpose – leading to fragmented solutions and poor ROI
  • Increased competition from neobanks, fintechs, and purpose-driven challengers is eroding traditional market share
  • Evolving member expectations demand greater transparency, relevance, and emotional connection
  • Internal misalignment between departments or leadership teams creates inefficiency and dilutes member experience
  • Regulatory and reputational risk is growing, especially around consistency, conduct, and community commitment.

In this context, building societies need more than operational upgrades. They need coherence – the kind that only a strong, strategically defined brand can provide.

What brand really means (beyond visual identity)

Let’s be clear: brand is not your logo, colour palette, or strapline. Those are expressions of the brand, not the brand itself.

At its core, brand is your organisation’s promise – and your ability to keep it.

It defines:

  • Why you exist (purpose)
  • How you behave (values and culture)
  • What you offer (proposition)
  • How you deliver it (experience)

Let’s be clear: brand is not your logo, colour palette, or strapline. Those are expressions of the brand, not the brand itself.

At its core, brand is your organisation’s promise – and your ability to keep it.

It defines:

  • Why you exist (purpose)
  • How you behave (values and culture)
  • What you offer (proposition)
  • How you deliver it (experience)

A strategic brand isn’t just a marketing tool. It’s a business discipline that guides decision-making across every department, from HR to IT, finance to frontline service.

When defined and deployed well, brand becomes a north star – aligning people, processes, and plans.

Why confusion is costly – and clarity saves money

Highway disappearing into dense fog

Without brand clarity, organisations drift.

Departments pull in different directions. Messaging becomes inconsistent. Customer experience feels patchy. And internally, time and money are wasted debating decisions that should be obvious.

Confusion is a hidden cost – and brand clarity is a powerful antidote.

Highway disappearing into dense fog

Without brand clarity, organisations drift.

Departments pull in different directions. Messaging becomes inconsistent. Customer experience feels patchy. And internally, time and money are wasted debating decisions that should be obvious.

Confusion is a hidden cost – and brand clarity is a powerful antidote.

Clear brand strategy simplifies:

  • Decision-making: Teams know what fits the brand – and what doesn’t
  • Messaging: Communication becomes consistent and effective
  • Operations: Internal alignment accelerates execution
  • Recruitment: Cultural fit becomes easier to assess.

In short: when everyone knows what you stand for, they can act with confidence – and reduce waste in the process.

How brand builds trust with members

Trust isn’t a slogan. It’s earned through clarity, consistency, and care over time.

In an era where many financial institutions feel interchangeable, building societies have a unique advantage: mutuality and member-centric purpose. But that advantage only matters if it’s clearly articulated and consistently delivered.

Scrabble tiles spelling out ‘I Trust You’
Scrabble tiles spelling out ‘I Trust You’

Trust isn’t a slogan. It’s earned through clarity, consistency, and care over time.

In an era where many financial institutions feel interchangeable, building societies have a unique advantage: mutuality and member-centric purpose. But that advantage only matters if it’s clearly articulated and consistently delivered.

A strong brand helps you:

  • Articulate your values in ways that resonate with today’s members
  • Stand out in a crowded market where trust is often thin
  • Deliver experiences that feel human, authentic, and values-driven.

Members don’t just want products. They want to know what you stand for – and that you’ll stand by them. Brand is how you prove it.

How internal brand drives staff engagement

Red heart shaped neon light graphic with the word 'brand' picked out

Culture is brand; and brand is culture.

When staff understand and believe in the organisation’s purpose, they bring that energy into everything they do. But when internal brand is vague or absent, even the best employees struggle to deliver consistent experiences.

Culture is brand – and brand is culture.

Red heart shaped neon light graphic with the word 'brand' picked out

When staff understand and believe in the organisation’s purpose, they bring that energy into everything they do. But when internal brand is vague or absent, even the best employees struggle to deliver consistent experiences.

Strategic brand work:

  • Clarifies the ‘why’ behind the work – especially important for frontline teams
  • Gives staff a shared language for what the society stands for
  • Empowers decision-making at every level
  • Drives pride, belonging and motivation.

Engaged teams create better member experiences. And better experiences build loyalty, advocacy, and long-term value.

Why brand strategy improves innovation ROI

Innovation is essential but without strategic alignment, it quickly becomes expensive distraction.

Too often, building societies invest in new tech or initiatives without asking the right questions:

  • Does this fit our purpose?
  • Will this strengthen the member experience?
  • Does it reinforce who we are?

A well-defined brand provides a strategic filter for innovation – helping you prioritise what matters, cut what doesn’t, and ensure every investment supports your long-term goals.

In short: brand gives innovation direction and ensures ROI.

Coffee being filtered
Coffee being filtered

A well-defined brand provides a strategic filter for innovation – helping you prioritise what matters, cut what doesn’t, and ensure every investment supports your long-term goals.

In short: brand gives innovation direction and ensures ROI.

How brand builds long-term resilience

Markets change. Trends shift. Crises happen. The institutions that survive – and thrive – are those grounded in something deeper than products or quarterly targets.

Brand is your long-term defence:

  • It anchors you in purpose during times of uncertainty
  • It creates emotional loyalty, not just transactional relationships
  • It builds reputational capital that endures beyond campaigns or crises.

For mutuals, whose lifespans are measured in generations, this kind of resilience isn’t optional. It’s essential.

Getting started: what strategic brand work looks like

Strategic brand work doesn’t start with design. It starts with discovery.

Typical phases include:

  1. Insight: Internal and external research to understand perceptions, strengths, and challenges
  2. Definition: Clarifying purpose, values, proposition, and positioning
  3. Engagement: Inspiring leaders and teams to embed the brand internally
  4. Expression: Translating strategy into messaging, tone of voice, and visual identity
  5. Implementation: Embedding the brand into culture, service, and innovation.

It’s not a quick fix. But it’s not a fluff exercise either. Done right, brand strategy becomes a powerful catalyst for business transformation.

Let’s talk

If you’re navigating change, planning growth, or simply want to future-proof your society – it’s time to put brand at the heart of your strategy.

Let’s talk about how brand clarity can unlock smarter decisions, more engaged teams, and stronger relationships with members.

Because in a world of noise and uncertainty, clarity is your advantage. And brand is how you get there.

July 2025

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