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 | Aug 15, 2021 | Credit Union Advisors
At Newcleus, we believe in providing our clients with full transparency. In an effort to display this value, we’ve decided to give you a little insight into who our team is beyond Newcleus. We’ll start with a Q&A with Tedd Meyer, Director at Newcleus Credit Union...
by Feminella, Amy | Jul 18, 2021 | Credit Union Advisors
Board of directors, do you recognize the importance of executive compensation? Providing powerful compensation incentives is what sets you apart in the hiring and retention game. At Newcleus, we design deferred earnings packages that bring value and envious returns on...
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,...
