BOLI

(redirected from Bank-Owned Life Insurance)
AcronymDefinition
BOLIBureau of Labor and Industries
BOLIBank-Owned Life Insurance
BOLIBarcode of Life Initiative (est. 2003)
References in periodicals archive ?
Bank Financial Services Group (BFS Group) has been awarded the Western Independent Bankers (WIB) official endorsement for bank-owned life insurance (BOLI) and executive and director benefits consulting.
to broaden our reach and footprint in New England and other select states, said Kevin Killian, Pentegra s director of bank-owned life insurance (BOLI), Geiger s approach to educating clients about supplemental benefits and BOLI strongly complements our service strategy.
Co-produced by Equias Alliance and Michael White Associates LLC (MWA), the Equias Alliance / Michael White Bank-Owned Life Insurance (BOLI) Holdings Report measures and benchmarks the cash surrender values (CSV) of life insurance and ratios of CSV to capital attained by commercial banks, savings banks, and savings associations (the "banks").
To support banks with executive benefit plan design, administration and funding, Equias Alliance was selected as the provider of the ABA-endorsed Executive Benefits Consulting and Bank-Owned Life Insurance program, helping banks restore existing retirement program shortfalls and offset the costs of medical, group life and other ERISA benefits.
Bank-Owned Life Insurance Assets, Participation Totals among banks by asset class, year-to-date at Sept.
Interagency Advisory on Accounting for Deferred Compensation Agreements and Bank-Owned Life Insurance.
These transactions included a Bank-owned life insurance death benefit claim in the first quarter of 2017, the revaluation of Mercantile's net deferred tax asset in response to the Tax Cuts and Jobs Act becoming law in December of 2017, the repurchase of trust preferred securities at a discount in the first quarter of 2016, and accelerated purchase discount accretion on called U.
M2 EQUITYBITES-March 28, 2017-BFS Group endorsed by WIB as provider of bank-owned life insurance
Increases in other non-interest income during the first six months of 2016 were primarily due to higher commercial loan swap fee income, increased bank-owned life insurance income and recoveries on acquired loans that had been fully charged-off prior to acquisition.
Last, but certainly not least, among the incidents is Stuart's tapping of the bank-owned life insurance and other life insurance assigned to One Bank for cash.
The transaction includes the divestment of Sun Life Assurance Company of Canada, which comprises Sun Lifea[euro](tm)s US variable annuity, fixed annuity and fixed index annuity products, corporate and bank-owned life insurance products and variable life insurance products.
Chaffee will lead the marketing and business development of the firm s financial institution services area, including the marketing of bank-owned life insurance (BOLI) and corporate-owned life insurance (iCOLI).