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ABA: The American Bankers Association
Industry Insight

In Battle to Retain Key Executives, Supplemental Retirement Benefits Can Be a Winning Strategy

  • Brought to you by NFP Executive Benefits
  • Published May 10, 2022

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The so-called Great Resignation and the war for talent have placed real pressures on the banking industry forcing many financial institutions to strengthen compensation and benefits.  Learn how community banks are leveraging customized deferred compensation plans financed with bank-owned life insurance, or BOLI, to retain employees.

*This article appeared in the ABA Banking Journal Directors Briefing.
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