What Your Compensation Survey Isn’t Telling You
One data source, a focus on cash, and assumptions about your executives can quietly cost you great talent. By J.P. O’Connor and Jen Morgan When it comes to compensating credit […]
A Guide to Charitable Donation Accounts for Credit Unions
PARC Street Group works with credit union boards and executive teams to solve one of the industry’s most persistent challenges: building and retaining strong leadership in a complex, highly regulated […]
Why Your Annual SERP Review Should Be Anti-Climactic
Your provider should be actively monitoring the market for your Supplemental Executive Retirement Plan and talk with you as soon as any change might be needed. By Chris Jones, ChFC®, […]
5 Steps to Help Secure Your Executive Retirement
How saving, understanding SERPs, and vetting your providers can make or break your retirement plan. By Chris Jones, ChFC®, CLU® When my PARC Street Group colleagues and I use our […]
The Opportunity for CUs in NCUA’s New Succession Planning Rule
Make your succession plan strategic and give it ‘teeth’ to reap the benefits of stronger governance and more effective C-suite leadership. By Jennie Boden and Chris Jones, ChFC®, CLU® Also […]
A Short Guide to Compliance with the New Succession Planning Rule
Be sure to check all the right boxes while also tying your efforts to your strategy. By Jennie Boden and Chris Jones, ChFC®, CLU® Also read, “The Opportunity for CUs […]
Retention vs. Results: The Critical Differences Between SERPs and LTIPs
Understanding Supplemental Executive Retirement Plans and Long-Term Incentive Plans will help you use them effectively. In the complex world of executive compensation and talent management, distinguishing between various incentive and […]
Balancing Mission and Market: Navigating Executive Compensation in Credit Unions
Go From Assumptions to Alignment on Executive Pay Executive compensation represents one of the most critically important—and sensitive—discussions credit union boards and CEOs regularly face. They both want the same […]
The Best First Step Toward a Successful SERP May Surprise You
Go online to read about Supplemental Executive Retirement Plans and you’ll find articles about the key reasons credit unions and other organizations implement SERPs: To go beyond the limitations of […]
Why Indexed Universal Life Is Attractive (and Detrimental) for Executive Retirement Plans
Indexed Universal Life (IUL) insurance sounds like an executive’s retirement funding dream: a financial product with flexible premiums, the potential for market-linked growth, and a safety net for retirement. But […]