Background

TOOLS AND BENEFITS TO FEATURE:

HELPFUL REFERENCE VIDEOS FOR INSPIRATION/TONE:

Objectives

*This project is only open to filmmakers based in the United States.*


To help navigate these uncertain economic times, Navy Federal Credit Union offers free digital financial tools to support smarter money management and greater peace of mind. These tools/benefits adapt to members' lifestyles, making it easier for them to understand where their money is going each month, while also helping them track spending, budget effectively, and monitor their credit. The goal is to give both members and potential members more confidence and visibility into their financial lives.


The goal of this project is to create one :60 hero video along with a two distinct cutdowns that put a unique spin on the typical "unboxing" social video. At their core unboxing videos are a fun and popular way of revealing new products that taps into that element of suspense and surprise. Because the tools/benefits that Navy Federal offers aren't physically tangible - being digital tools or services/advice/tips helping to build financial wellness -  they are looking for an imaginative and engaging way to represent these tools in a physical way. How these digital tools/benefits are represented as being "unboxed" is entirely up to you and you can visit the Background section for more information about the specific tools Navy Federal wants to feature along with their key messaging. While Navy Federal wants to show these tools in a unique way the main focus should still be highlighting the benefits of them and how they improve the quality of one's financial life, rather than just focusing on how cool and convenient they are. Essentially, Navy Federal wants these videos to be more than just slick visuals and neat tools on offer, and instead want to match the slick visuals with messaging, whether through on-screen text or VO, that leaves the audience seeing the utility in actually putting these tools to work.

In terms of format and execution, Navy Federal is primarily looking for live-action executions, 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." Knowing that the brand is looking for particularly savvy social content, "live-action" can include selfie-style content or even green-screen formats that blend some live action with other visuals that provide an individuals perspective on the available resources. 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 unboxing component and how you elevate it. Navy Federal wants to see clever, unexpected, and out-of-the-box - pun definitely intended - ways to spotlight these financial tools but they're also open to additional ideas that don't focus solely on the "unboxing" trend. Maybe you have an idea on how to represent individual tools like a cheeky game show concept revealing the prize of a potted orchid from behind curtains or doors to represent the Bloom+ feature. While open to alternative concepts do keep in mind that it's pertinent to keep the idea of suspense, reveal, and surprise.

At their heart, these videos are brand awareness pieces that share information that can be further expanded upon through Navy Federal's resource hub. 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 adhering to a set of provided brand guidelines. Please consider how this might impact your visuals keeping the text safe zones for the respective social platforms in mind.


As noted above there will be the main :60 hero video tailored toward Navy Federal's current members. There will be two versions of the accompanying :15 cutdowns. One cutdown will be a direct lift from the longer hero video. For the second cutdown we want to tailor the video to speak to prospects who are not currently Navy Federal members, making them aware of the tools and benefits the come with membership. For this second "Prospects" cutdown, additional scripting will be needed to speak to this audience. While the cutdowns can be created visually with direct pulls from the main hero videos, some thought should be put into how the 9x16 versions will be optimized for vertical; as they should not simply be a center-cut reframing.

In your Pitch, please clearly lay out your creative approach and how you plan on executing your concept. Check out more information in the Background, and for any questions or other project updates, check out the Project Forum.


DELIVERABLES: There are 5 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: Informative, fun, helpful, positive


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.