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Strategies for Funding Executive Compensation for Banks

Strategies for Funding Executive Compensation for Banks

by Feminella, Amy | Feb 6, 2022 | Bank advisors, Compensation Advisors, Insights

Providing powerful compensation incentives can set you apart in the hiring and retention game. But how will you fund those benefits? At Newcleus, we design deferred compensation packages that help you retain your top talent and incentivize them to help your bank grow...
Split-Dollar Life Insurance Usage Continues to Expand

Split-Dollar Life Insurance Usage Continues to Expand

by Feminella, Amy | May 30, 2021 | Credit Union Advisors

There are many benefits to utilizing deferred compensation plans. For credit union executives, deferred compensation plans bring long-term benefits that extend far beyond salaries and bonuses, including perks like additional life insurance and cash payouts. As we...
How Your Split Dollar Plan Can Affect Your Retirement

How Your Split Dollar Plan Can Affect Your Retirement

by Feminella, Amy | Dec 29, 2020 | Credit Union Advisors

Are you aware most of the risk in your loan regime split dollar plan is during your retirement years, which may be too late to do anything about it? Have you considered investing in split-dollar life insurance as a viable option for your future? If so, it’s important...

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