1035 Exchange to SPIA

1035 Exchange to SPIA (Single Premium Immediate Annuity) and BOLI Optimization 1035 Exchange to SPIA: A relatively uncommon type of 1035 exchange has become the talk of the town in the BOLI market. Typically when we think of a 1035 exchange, it’s a transaction that...
2018 Compensation Survey

2018 Compensation Survey

An effective board starts with having the right members, making board composition a key issue for today’s banking industry. Forty-five percent of the directors and executives responding to Bank Directors’ 2018 Compensation Survey, sponsored by Compensation...
Keeping Benefits Simple During M&A

Keeping Benefits Simple During M&A

Keeping Benefits Simple During M&A Keeping Benefits Simple During M&A: Mergers and acquisitions are an attractive growth strategy for many banks, but deals are increasingly and needlessly complicated by existing employee benefit plans. The United States...