by Feminella, Amy | Apr 24, 2022 | Credit Union Advisors, Insights
Credit unions are looking for alternative investments as a result of extra cash on their balance sheets, persistently low investment yields, and the need for income predictability. One of the alternative investments that many credit unions of all sizes are using is...
by Feminella, Amy | Apr 14, 2022 | Credit Union Advisors, Insights, NewcleusGives
What many CEOs call the “best-kept secret” of the credit union movement, is actually a capability that has been around for years. We’re talking about the charitable donation account, also known as a CDA. A charitable donation account is a straightforward way you—as a...
by Feminella, Amy | Apr 10, 2022 | Credit Union Advisors, Insights
The most common way credit unions recruit board members—the annual call for nominations and/or word-of-mouth from current directors and staff—is the least effective, according to Jeff Rendel, CEO of Rising Above Enterprises. So, how can you use other strategies to...
by Feminella, Amy | Apr 10, 2022 | Bank advisors, Compensation Advisors, Insights
What organizations are talking about most as the workforce gets younger. When a member of a company’s senior management retires, it is likely that the person who comes in to replace them will be younger, possibly significantly so. This younger generation of key...
by Feminella, Amy | Mar 13, 2022 | Bank advisors, Compensation Advisors, Insights
Attracting, retaining, and rewarding your key executives properly is crucial to the success of your bank. At Newcleus, we recognize the power of well-designed compensation. When it comes to executive compensation, however, there are various arrangements that can work...
by Feminella, Amy | Feb 20, 2022 | Credit Union Advisors, Insights
Understanding split-dollar life insurance can be challenging. At Newcleus, we’re here to simplify it. What many people don’t know about split-dollar is that there are many associated risks when it comes to this type of deferred compensation plan. Let’s break down what...
