NonQualified Benefit Plan Examples

Director Plans

In today's highly competitive business environment, mixed with increased responsibilities for today's outside directors, financial institutions must find ways to recruit and retain competent, loyal directors. As their professional liability issues continue to escalate along with shareholder expectations, directors' roles are becoming more challenging and risky.

Today, many of the attractive, cost-efficient benefit plans that have been designed for employees can be adapted to meet the particular needs of your financial institution's directors. A properly designed directors' benefit plan can help compensate directors for the added responsibilities they accept and make serving on your Board more rewarding. BCG can help you determine the best way to design and implement such plans to meet your financial institution and directors' specific needs and provide you with a competitive advantage in the marketplace. Contact Bank Consulting Group.