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Non-Qualified Executive Benefit Plans

Non-Qualified Executive Benefit Plans can be an excellent tool to retain the Bank’s top performing executives. A well designed plan will meet the Bank’s financial objectives while providing an exciting long-term benefit to the participating executive. EBS provides implementation services and ongoing administrative services for many types of non-qualified benefit plans including the following:
 

• Supplemental Executive Retirement Plans (SERPs)
   

• Deferred Compensation Plans for Executives and Directors
   

• Death Benefit Endorsement Plans
   

• Non-Qualified Defined Contribution Plans
  
  

EBS strives to listen closely to the Bank’s plan objectives and communicate the appropriate plan design to meet those objectives. In addition, during the plan design process, EBS provides the bank with financial and accounting analysis, plan financing suggestions, plan vesting alternatives, and change-in-control analysis.