Call on Experience to Generate Success

Stories illustrate; success stories persuade. When banks have particular problems or
identify specific goals, they turn to Bank Compensation Group. With practical know-
how, quick thinking and innovative product design, the firm has been able to help a
long list of public and private banks. Here are the success stories to prove it.

Representative Clients

Client

Commercial bank | $150 to $350 million in assets

Situation

This bank needed a management succession plan for its
CEO, who was in his 70s. However, the bank worried that
hiring a new CEO from outside might cause their second
and third most important executives to leave, taking their
loan portfolios with them.

Success

z

Bank Compensation Group helped design a management
succession plan which would be attractive to regulators and
also reward the CEO for staying three additional years.
With its new SERP plan in place, the bank was able to con-
sider an outside CEO and make it worthwhile for the #2
and #3 executives to remain in their positions. Best of all,
the bank’s cost for this new SERP program was completely
offset through BOLI.

Representative Clients