Newport - BOLI

As the financial landscape continues to evolve, the environment for bank mergers and acquisitions (M&A) is becoming more prevalent.

While bank consolidation offers many strategic benefits, it also brings new challenges, including the inheritance of the acquired bank’s bank-owned life insurance (BOLI) program. The long-dated nature of life insurance policies adds ownership complexity, especially when those with product and historical knowledge of the acquired BOLI program are no longer with the bank.

Discover how a well-structured BOLI program can help financial institutions offset employee benefit costs, retain top talent, all in a tax-efficient structure.