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Meyer-Chatfield looks at the cost and benefits of the Supplemental Executive Retirement Plan.
What if a bank being sold has a Supplemental Executive Retirement Plan (SERP)? Could that trigger a so-called golden parachute clause with tax consequences for the acquiring bank? The answer is yes.
Scott Richardson says it’s possible to have the benefits of a traditional SERP but tie those benefits to the bank’s performance.
Equias Alliance provides a guide for boards who want to understand nonqualified benefit plan contracts.
This article describes certain benefit plan designs attractive to privately owned banks.
An information resource for senior executives and directors of financial institutions.
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