by Feminella, Amy | Jul 25, 2021 | Bank advisors, Compensation Advisors, Credit Union Advisors
When it comes to compensation plans, there are a large variety of options in the financial sector. Supplemental Executive Retirement Plans (SERPs), your classic 401(k)… But have you heard of LINQS+? What about Titanium? The two are both expense plans for credit...
by Feminella, Amy | Jul 18, 2021 | Credit Union Advisors
Board of directors, do you recognize the importance of executive compensation? Providing powerful compensation incentives is what sets you apart in the hiring and retention game. At Newcleus, we design deferred earnings packages that bring value and envious returns on...
by Feminella, Amy | Jul 11, 2021 | Bank advisors, Compensation Advisors
When it comes to life insurance, the myriad of options available can be overwhelming. But has your bank considered the benefits of utilizing bank-owned life insurance? According to research, bank-owned life insurance (BOLI) is a strategy that more than 75% of banks...
by Feminella, Amy | Jul 11, 2021 | Credit Union Advisors
Our client was introduced to Newcleus by a mutual strategic affiliate. Initially, our client was looking to offset benefit expenses in general. In order to do so, they theorized that they could use investment authority available under FCUA. Prior to meeting with us,...
by Feminella, Amy | Jul 4, 2021 | Credit Union Advisors
Congratulations! You’ve made it through the most difficult part. This past year has brought a myriad of unforeseen challenges to credit unions—loan forbearance, PPP small business loans, remote banking, the list goes on. But now, as the global pandemic begins to lift,...
