SEO for banks

In the financial industry, where trust and authority are essential, a strong online presence is critical for banks. SEO helps banks appear at the top of search results when customers search for financial products and services, such as loans, mortgages or investments.

In this article, I explain from my experience how banks can develop an effective SEO strategy to reach more potential customers and increase their visibility in search engines.

Why SEO is important for banks

SEO is critical for banks because many customers begin their financial journey online. Whether they are looking for loan information, want to open a savings account or explore mortgage options, they often turn to Google first. Therefore, it is essential for banks to be highly findable for these searches.

The financial sector falls under Your Money, Your Life (YMYL) categories, which means Google has strict requirements for content quality and trustworthiness. This means banks must focus on EEAT (Expertise, Authoritativeness, and Trustworthiness) to compete in search results. A well-executed SEO strategy helps banks attract more organic traffic, strengthen their authority, and convert more potential customers into clients.

Content creation for banks: build trust and explain

For banks, SEO is about more than just attracting traffic; it’s about building trust with customers and helping them make more informed decisions about their financial situation.

  • Detailed product pages: Create detailed pages for each financial product you offer, such as loans, savings accounts, mortgages and investment products. Make sure these pages contain detailed information about the terms, benefits and uses of each product. Sample pages could be “Fixed-rate mortgages” or “Personal loans for studies.”
  • Blogs on financial topics: Write blog posts that provide answers to frequently asked customer questions, such as “How do I choose the best mortgage?” or “What are the benefits of investing with my bank?”. This informative content helps attract visitors looking for financial information and strengthens the bank’s position as an expert in the field.
  • Whitepapers and comprehensive guides: Banks can offer white papers and guides on complex financial topics, such as “The ultimate guide to retirement planning” or “How to build a healthy credit history.” This not only helps generate valuable leads, but also positions the bank as an authority in the financial industry.

When optimizing SEO for banks, it is important to eventually have a piece of quality content for each relevant topic (which is also up to date). Google sees websites as a book on a particular topic. And when a chapter is missing from that book, the book is no longer accurate. So make sure every chapter is there.

Pay attention, the level of competition is very high in this market (actually for every country). To give an idea of this:

Local SEO for banks: Attracting regional customers

Although many banking products are offered nationwide, local SEO remains an important aspect of SEO for banks, especially if you want to attract customers to physical bank branches.

  • Optimize your Google My Business (GMB): Claim and optimize your Google My Business profile for each bank branch. Add detailed information such as the branch’s address, contact information, opening hours and photos. This will help you be more visible in local searches such as “bank in ” or “mortgage advice in “.
  • Use local keywords: Use local keywords such as “mortgage advice in [stad]” or “personal loan in [regio]” to attract local customers looking for financial services in their area.
  • Location-specific landing pages: Create separate landing pages for each branch of the bank. These pages can include information about the specific services offered at that branch and local customer stories. This helps improve local visibility and attract regional customers.

SEO focused on intent: attracting quality leads

SEO for banks should focus on attracting customers who are actively looking for financial products and services. This means focusing on keywords that indicate a strong intent to take action.

  • Conversion-oriented keywords: Optimize your website for keywords that indicate a strong buying intent, such as “calculate mortgage,” “apply for loan” or “open savings account.” These keywords indicate that the user is ready to purchase a financial product.
  • Long-tail keywords: Target more specific long-tail keywords, such as “best low-interest mortgage” or “student loan for foreign students.” These terms often have less competition and attract targeted customers who are ready to make a decision.

Conversion-oriented landing pages: From visitor to customer

SEO for banks goes beyond attracting visitors; you also want to convert them into customers. That’s why your landing pages need to be optimized for conversions.

  • Clear CTAs and contact options: Make sure each page contains clear call-to-actions (CTAs), such as “Request a no-obligation consultation” or “Open a savings account now.” These CTAs should be inviting and visible so visitors can take action quickly.
  • Forms for advice requests: Offer simple forms that allow customers to quickly schedule an appointment with a financial advisor. By keeping the application process simple and streamlined, you lower the barrier for clients to contact you.
  • Reviews and customer stories: Post testimonials from satisfied customers who have successfully purchased financial products. This helps build trust with potential customers and encourages them to contact you themselves.

Technical SEO and security for banks

For banks, a technically strong Web site is essential to provide a secure and smooth user experience. Customers must have confidence in the security of their data, especially when financial information is involved.

  • Mobile-friendliness: Many customers search for financial products and services via their smartphones, so make sure your website is fully responsive. This means forms, CTAs and navigation should work well on all devices.
  • Website speed optimization: A fast website is critical to retain customers and ensure they don’t drop out before contacting you or requesting a product. Make sure your website loads quickly by compressing images and minimizing heavy scripts.
  • Security and SSL certificate: Because banks work with sensitive information, your website must be secured with an SSL certificate (HTTPS). This not only creates trust with your customers, but is also a ranking factor for Google.

Link building and external signals for banks

Link building is important for banks to increase their authority and reliability. This not only helps with SEO performance, but also strengthens the bank’s image as a reliable financial institution.

  • Guest blogs and publications: Consider writing guest blogs for financial websites or being published in leading media in the financial industry. This helps to gain valuable backlinks and increase your authority within the industry.
  • Customer reviews and mentions: Encourage customers to review your bank on platforms such as Google or financial review websites. These reviews not only boost your visibility, but also help build trust with potential customers.

Conclusion

SEO for banks is all about building trust, attracting quality leads and converting website visitors into customers. By focusing on valuable and informative content, local SEO, conversion-oriented keywords and a technically strong website, you can ensure that your bank is more findable in search engines. This leads not only to more traffic, but also to more customers looking for reliable financial products and services. Keep evaluating and adjusting your SEO strategy to ensure your bank continues to grow and stay ahead of the competition.

Senior SEO-specialist

Ralf van Veen

Senior SEO-specialist
Five stars
My clients give me a 5.0 on Google out of 77 reviews

I have been working for 10 years as an independent SEO specialist for companies (in the Netherlands and abroad) that want to rank higher in Google in a sustainable manner. During this period I have consulted A-brands, set up large-scale international SEO campaigns and coached global development teams in the field of search engine optimization.

With this broad experience within SEO, I have developed the SEO course and helped hundreds of companies with improved findability in Google in a sustainable and transparent way. For this you can consult my portfolio, references and collaborations.

This article was originally published on 23 August 2024. The last update of this article was on 11 September 2024. The content of this page was written and approved by Ralf van Veen. Learn more about the creation of my articles in my editorial guidelines.