Supplemental Executive Retirement Plans
Have you considered incorporating SERPs into your compensation package for your key officers?
SERPs are a simple and effective long-term compensation tool to attract, retain, and reward bank leaders and top producers. SERPs are a non-qualified, deferred compensation arrangement where an employer makes an unsecured promise to pay an executive post-retirement income for services rendered today provided certain employment conditions are met.
Why do clients like SERPs?
- FLEXIBILITY & CONTROL
- REPLACEMENT OF EXTINCT DEFINED BENEFIT PLANS
- COST EFFECTIVE
Contact Granville Group to learn more and create a custom SERP program that meets the specific needs of your institution.
We know the importance of a strong game plan and believe that good decisions mean you get to keep on winning.
With Granville Group on your team, you get a partner who is uniquely qualified to provide custom strategies and totally committed to your success.
19901 SW Freeway
Sugar Land, TX 77479