Tue Jan 11 UTC (18 days ago)
In your timezone (EST): Mon Jan 10 7:00pm - Mon Jan 10 7:00pm
Banks are challenged with their margins given excess liquidity from the large amount of deposits, coupled with low alternative investment options and a soft loan demand. Banks are leveraging their BOLI portfolios to help expand margins in this current environment. The BOLI returns can provide additional earnings to the bank to help offset and recover employee benefit expense.
Sr. Director, ABA
Vice President, BOLI Sales Operations, NFP