If you are currently an executive or on the board of
directors at a credit union, you know the
regulatory environment is rapidly evolving. Match that with our current interest rate period and
that most senior executives are capped on how much they can contribute to a qualified
contribution plan. Credit Unions must seek out alternative compensation and benefit
incentive plans for senior
officers that reward & retain while affording the greatest protection & flexibility to the
institution.
The Glenn G. Geiger Company represents several proprietary benefit plan designs and
provides a full service approach to the design, administration and financing of programs
including collateral assignment split-dollar, 457(f) compensation and 162 bonus plans.
Compliance, due diligence and following regulatory guidance of the National Credit Union
Association and OCC bulletins are foundations of our work.