Background

MORTGAGES/REAL ESTAE LENDING


AUTO LOANS


HELPFUL REFERENCE VIDEOS FOR INSPIRATION/TONE:

Objectives

*This project must film within the United States.*


Amid changing economic conditions, people are trying to maximize their budgets and get the most value with their dollars. With competitive rates and a strong brand presence, Navy Federal Credit Union is the largest credit union in the U.S., and it offers a full range of financial services - including checking and savings accounts, loans, credit cards, and investment products - with competitive rates and low fees. As a member-owned, not-for-profit institution, Navy Federal focuses on supporting the military community through accessible banking, financial education, and strong customer service. Even as prices increase for goods and services, people still need to buy essentials like homes and cars, so having competitive rates for lending products will help Navy Federal members make the most of these uncertain economic times. 


The goal of this project is focus on those two particular essentials - homes and cars - and create social-savvy video content that can simplify mortgages and auto loans and spotlight the benefits that Navy Federal provides. To do this Navy Federal wants relatable, honest, and bite-sized social first videos for each topic. Messaging will be key here, and to that end, they'll be providing an overview of the important information that they'll want to touch upon for each topic, but ultimately it will be up to you to take that overview, distill it down, and craft it into a cohesive script. You'll create two :15 videos about mortgages, and three :15 videos about auto loans, and you can find some initial information about these topics in the Background section. 


In terms of the creative format and approach, Navy Federal is primarily looking for live-action executions with VO or someone talking to camera, but if you have a particularly interesting idea, they are also open to animation, motion graphics, and even stop motion, so long as the proposed idea does not come across as too "youthful," given that the audience is necessarily going to be old enough that they're making large financial decisions. Knowing that the brand is looking for particularly savvy social content, "live-action" can include everything from selfie-style content to green-screen explainer formats with real talent and key visuals, or even more social-specific approaches like Vlogs, Get Ready With Me's, testimonials, skits, or some other recent trend. 


In terms of execution, this can be smartphone-shot content with more limited lighting and production design, or it can be (a little) more polished and professional, as long as the core focus remains on the topics being broken down. It is not necessary for you to have a large team or extensive production capacities to execute this project. This is a great opportunity to take these potentially intimidating processes, simplify them, and bring a creative spark to make them not only informative, but entertaining.


At their heart, these videos are brand awareness pieces that share information that can be further expanded upon through viewers visiting Navy Federal's website or their resource hub, MakingCents. That messaging to check out the Navy Federal website and/or their MakingCents hub will be handled in the post copy so no need to include that CTA in the videos themselves. They're not looking for overly elaborate "commercial" executions and the brand is most interested in having these videos feel native to social platforms. They do not want these videos to come off as generic, obvious advertisements. If casting live-action, the brand is open to reusing the same cast, locations, and even music across all videos. Captions will need to burned into the final videos for any spoken word or VO following provided style guides. Please consider how this might impact your visuals keeping the text safe zones for the respective social platforms in mind.


Your pitch treatment should include at least one approach to auto loans and one for mortgages. We want to know how you would execute each concept, making them feel bespoke to the specific topic while still fitting into Navy Federal's style/voice. Navy Federal will then work with the greenlit filmmaker to hone the creative approach, and also decide on how to break down each topic and its respctive videos. Feel free to include links to any existing TikTok videos (they don't have to be your own) that represent the style you'd be aiming for. 


Check out more information in the Background, and for any questions or other project updates, check out the Project Forum.


DELIVERABLES: There are 10 total video assets.


EXPECTED TIMELINE: HERE


RELEVANT ASSETS: HERE


EXPOSURE: We expect content will be used on the platforms below, but if casting talent, be sure they review our required Talent Release before they're cast, as it is NOT limited to these platforms. You should also review our Music providers in the Project Requirements, as well as the platform best practices.


TARGET AUDIENCE:


TONE/FEEL: Engaging, informational, instructional, motivating, entertaining, relatable.


EXECUTIONAL MANDATORIES: 


By participating in this project, creators acknowledge that the Sponsor is under no obligation to greenlight a submission. Though most projects do move forward, we'll notify you in the event the Sponsor decides not to fund any submissions via the Project Forum. Regardless of the result, all submissions will be reviewed and evaluated by the Sponsor and project team.

Details

In order to be considered, include the below materials in your submission. For examples of effective pitches, check out this gallery. All Pitches remain private, even after a Pitch is selected, and Tongal strives to have Pitch selections made by the end of the Evaluation period, but additional time may be required by the Sponsor, depending on any number of factors.


Requirements

  1. In addition to the standard Tongal W-9, Winner Affidavit, and IP Assignment, greenlit Video creators MUST also provide Talent, Location, Music (or other) Releases for all assets appearing in their Videos, as well as a photograph/headshot OR copy of a photo ID for all On-camera Talent releases. You must also provide all project files, editing sequences and a 1080p .mov master file, using a ProRes, Animation, or Uncompressed Codec to claim your earnings. Tongal also reserves the right to request all raw files associated with the project.

  2. Unless provided otherwise, all work must be your own original creation and free of any copyrighted material. You shall provide detailed information of your work regarding the source, the creator and background information as requested by Tongal.

  3. In the event you utilize any third-party materials, such as music provided by a third-party music provider not provided by Tongal, you must obtain full written license and consent from the owner of such third-party materials and provide such license and consent forms to Tongal.

  4. The Sponsor will be entitled to reasonable revisions on the finished Videos without providing additional compensation. Remember it's easier to re-edit than re-shoot so try to get as much coverage as possible.

  5. Preferred format for upload to the Tongal website is HD 720p and formatted for the aspect ratios listed in the Deliverables (e.g. 16x9). Acceptable file formats are .mov, .avi, .mp4, .wmv. Acceptable codecs are H.264 (MP4), MPEG-4, H.263, MPGV, WMV, DivX. Should your submission be greenlit, you will also be required to provide a 1080p .mov master file, using a ProRes, Animation, or Uncompressed Codec.

  6. BY SUBMITTING A VIDEO ENTRY, YOUR SUBMISSION IMMEDIATELY BECOMES THE SOLE PROPERTY OF TONGAL OR ITS ASSIGNEES - SEE OFFICIAL RULES FOR MORE DETAILS ABOUT OWNERSHIP OF ENTRIES. YOU MAY NOT PUBLICLY SHARE OR PUBLISH YOUR SUBMISSION IN ANY MANNER AND YOU MAY NOT POST OR UPLOAD YOUR SUBMISSION TO ANY WEBSITE OR VIDEO HOSTING SITE (INCLUDING, BUT NOT LIMITED TO, FACEBOOK, YOUTUBE OR VIMEO), WITHOUT THE PRIOR EXPRESS WRITTEN CONSENT OF TONGAL. FAILURE TO COMPLY WITH THIS REQUIREMENT MAY RESULT IN DISQUALIFICATION OF YOUR ENTRY IN THE PROJECT.

  7. You may not contact any employees or members of the Sponsor's organization, their affiliates, or any of their partners. Failure to comply with this requirement may result in disqualification of your entry in the project.

  8. In addition to the judging criteria stated in the OFFICIAL RULES, Pitches will also be evaluated on that member's ability to execute the final Video based on their prior work and experience as a creator.

  9. Videos must be in the English language or subtitled.

  10. Submissions must not portray Sponsor in a negative way, the determination of which will solely reside with Sponsor, nor can Submissions contain any profanity, offensive language, nudity or otherwise objectionable material, the determination of which is solely at the discretion of Sponsor.

  11. You must be at least thirteen (13) years or older to enter.

  12. The Sponsor reserves the right to repost the contest.

  13. See OFFICIAL RULES for additional contest information, terms and conditions. If there is any conflict or inconsistency between these requirements and the Official Rules, the terms and conditions of these requirements shall prevail.