Community Bank Compensation Issues

The most prominent competitive advantage for community banks is their ability to provide better, more personal service than larger institutions. This requires community banks to have a top-notch team that can operate in an efficient and effective manner. Attracting and retaining these quality teams becomes more difficult every year and came to a head while the industry navigated COVID-19 and economic uncertainty. Discuss compensation structures and strategies to attract and retain the team your community bank needs to drive continued growth and success into the future.

Learning Objectives:

• Study compensation structures and methods to attract and retain a team.

• Learn how your bank can continue to grow and succeed in the future.

• Identify strategies to overcome the challenges of retaining a quality team.

Duration: 60-minutes