by Feminella, Amy | Jun 7, 2021 | Credit Union Advisors
It’s a time like never before. Loan demand is off, as refinancing slows, CU non-interest income will suffer, consumer spending is constrained, and loan growth is stale. As a credit union, what can you do? Since credit unions are swimming in cash, have you thought...
by Feminella, Amy | Jun 7, 2021 | Bank advisors, Compensation Advisors, Featured, News
2021 Compensation Report The 2021 Compensation Report, sponsored by Newcleus Compensation Advisors has been released. In the survey, Bank Director, explores the effect of COVID-19 on banks as a proven, stable employer during a year of extreme unemployment throughout...
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...
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...
by Feminella, Amy | May 30, 2021 | Bank advisors, Compensation Advisors
There is a current conversation surrounding how CEO compensation is determined and how it relates to a bank’s risk threshold. Now, having experienced a global pandemic, we’re left wondering how has compensation changed since January 2020? Let’s find out in CEO...
by Feminella, Amy | May 27, 2021 | Bank advisors, Compensation Advisors, Insights
Many banks have chosen to tie executive compensation to performance over the last few years, however with the economic volatility we’ve experienced this past year, that may not be the best option. Compensation for your key leadership team is an essential aspect of...
by Feminella, Amy | May 20, 2021 | Bank advisors, Compensation Advisors
The COVID-19 pandemic brought many changes for financial institutions, especially banks. These changes came in the form of stimulus packages, government programs, excess liquidity on balance sheets, and more. But there’s another important program surfacing that’s...
by Feminella, Amy | May 17, 2021 | Credit Union Advisors
The COVID-19 pandemic brought many changes for credit unions. These changes came in the form of stimulus packages, government programs, excess liquidity on balance sheets, and more. But there’s another important program surfacing that’s important to know about—let’s...
by Feminella, Amy | May 10, 2021 | Credit Union Advisors
Deferred compensation plans can be a valuable tool for your credit union. In the current market, we’re seeing a lot of executive turnovers as well as tremendous competition for talented individuals across the marketplace. Deferred compensation plans can be a sound...
by Feminella, Amy | May 3, 2021 | Credit Union Advisors
Traditional, service-focused, and community-based are three descriptions that come to mind when thinking about credit unions. The traditional, high-touch aspect of credit unions, was virtually stopped in response to the global pandemic. In order to maintain the...
