Over the past 15 years, BFS Group has become the most respected firm in the niche business of supplemental benefit and retirement plans for bank executives and directors.
Through its team of regional managing directors in more than 10 regional offices, BFS Group delivers BOLI financing strategies to banks all across the country. As a team, BFS Group offers more than 200 years of experience and expertise in the industry, having worked with over 500 banks.
From its headquarters in Newtown, Pennsylvania, BFS Group offers a back office and support system unrivalled in the industry. For our clients, this means questions answered quickly and instant access to the most up to date information and advice in the industry.
The proven BFS Group approach is built on three key components:
1.Financing Strategies using BOLI to increase the Bank's Net Income
BFS can design and implement a BOLI program that will provide your bank with a steady stream of earnings without the risks associated with mark
to market investments and the headaches surrounding interest rate risk and credit quality.
Through our access to all of the highest rated insurance carriers, your bank can have superior risk diversification and a reliable
income stream without the fluctuations related to other bank investments.
2.Independent Compliance Monitoring
Before any purchase, we provide our banks with a complete library of compliance documents and assist the board in taking the necessary steps to follow all applicable regulatory requirements. From providing you with a pre-purchase manual to assisting with the presentation to your board and committee, we are there with you and your team. After the purchase, we provide you with real time
reporting on your BOLI portfolio and supplemental benefit plans, it's as simple as logging in to your custom portal.
Your bank is only as good as your key management and directors. BFS can design and implement customized and cost effective benefit strategies to both attract and retain the personnel that are critical to the success of the bank.