Finding top credit union talent in the next ten years will be a highly competitive proposition. Ensure that you find and keep talented people in important positions. Now more than ever effective executive benefit strategies can make you a winner in this competition.
The cost of replacing a senior executive is as much as six times total salary. Burns-Fazzi, Brock can help you reduce the cost and retain your top executive talent. We help our credit union clients understand the opportunities, applications and regulatory issues surrounding wholesale life insurance. In addition, we provide thorough pre-purchase analyses and regular reviews to ensure portfolios continue peak performance and continue to meet credit union objectives.
Specialists in design, implementation and administration of non-qualified plans, BFB designs solutions to ensure our client’s plans are designed directly to help meet the ever-changing goals of the credit union and the requirements of the key people the credit union wants to attract, retain and reward. Offering the highest level of service and comprehensive knowledge, BFB & Associates is a team that delivers.
-
"At Burns-Fazzi, Brock their strength is their knowledge of our industry, the regulations we face and how the financial aspects of our operations run. This attention to detail enabled us to know the impact of the decision we were considering."
- Rob Windsor, President, First Financial FCU
-
BFB is always available. Phone calls are returned promptly, information is provided upon request. The entire staff is responsive to our needs."
- Blake Strickland, CEO, Tennessee Valley FCU
-
I have recommended Burns-Fazzi, Brock to several other organizations. What impresses me is their knowledge, professionalism and skill in the services they provide."
- Joan Moran, CEO, Department of Labor FCU
-
I was due for a payment at the end of 2009. After checking the balance in the annuities used for funding I discovered that not only was my 2009 expected benefit falling short, but projections for future payments were at risk. My investment representative was not overly responsive and offered limited suggestions on how to correct the problem. I am glad I took the initiative to review the annuity performance and plan documents by reaching out to a third party administrator to rescue my plan. Burns-Fazzi, Brock was attentive and found a way to meet our future objectives.
- Mike Parsons, President and CEO, First Source FCU, New Hartford, NY
