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,...
by Feminella, Amy | Jun 27, 2021 | Bank advisors, Compensation Advisors
Far gone are the days where you can retain a top employee with a once annual holiday bonus! Whether your bank is going through a merger, sale, or substantial transaction, it is essential that you create deferred compensation plans that aid in retaining your top talent...
by Feminella, Amy | Jun 27, 2021 | Credit Union Advisors
It’s no surprise that many credit unions feel compelled to do what’s right. Today more than ever, diversity, equity, and inclusion (DEI) are crucial in the workplace. At Newcleus Credit Union Advisors, we recognize that a true DEI commitment starts with discovering...
by Feminella, Amy | Jun 20, 2021 | Bank advisors, Compensation Advisors, Credit Union Advisors
River Bank & Trust, formerly known as Keystone Bank, is one of the largest community banks in Alabama. A leader in the banking industry, River Bank & Trust is known for providing local banking expertise, personal attention, hospitality, along with the newest...
by Feminella, Amy | Jun 13, 2021 | Bank advisors, Compensation Advisors
At Newcleus, we believe in providing our clients with full transparency. In an effort to display this value, we’ve decided to give you a little insight into who our team is beyond Newcleus. We’ll start with a Q&A with Chris Pezalla, Executive Vice President at...
by Feminella, Amy | Jun 13, 2021 | Credit Union Advisors
The onset of the COVID-19 pandemic flipped our world upside down, changing nearly every aspect of our day-to-day lives. One thing the pandemic especially affected, however, is the way businesses operate. After over a year of adjustments, quality leaders today are...
