by Feminella, Amy | Jan 2, 2022 | Bank advisors, Compensation Advisors, Insights, Qualified Plan Advisors, We are Newcleus
We are Newcleus—the premier benefit plan and financing strategy provider in the banking industry. But how did our company come to be? Here’s the history behind Newcleus, spoken by Daniel Barbaree, President and CEO of Newcleus. How Did Newcleus Start? Newcleus was...
by Feminella, Amy | Sep 12, 2021 | Bank advisors, Compensation Advisors, Insights, News
Key Points When it comes to a key executive’s retirement income, well-planned compensation ensures that they don’t put all their eggs in one basket. Bank‑Owned Life Insurance (BOLI) is one way to diversify retirement income. BOLI creates a tax-advantaged increase in...
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 | Jun 6, 2021 | Bank advisors, Compensation Advisors
In the banking industry, capital regulations can be a major headache. While these regulations can be challenging, they do serve a greater purpose. With these regulations in place, it’s important for executives and the leadership team to understand what alternative...
