ABA Banking Journal, June 2008
English | PDF | 30.2 MB
"What? No annual surprise bonus?"
Incentive pay everybody gets is no incentive at all. Some CEOs now balk at bucks for all, and pay performers only, our roundtable reveals.
Top Community Banks: How They Did...
Despite an economy that's beginning to sour, banks earning less than $3 billion in assets held their collective course. How did the best do it? Besides old-fashioned community banking, many leveraged native strengths with smart moves such as strategic restructuring to stay on a path of solid performance.
First East Side Savings Bank: No regrets about moving to Florida
Brian Kiley's move to Florida drew disbelief from his pals. It turns out, though, to have been a great move for the bank. Going south sent numbers north.
Mackinac Financial Corp.: Profits from a "rehabbed" bank
New capital, new team, new attitudes; they all helped take this Michigan bank from the rocks to fourth-place in its asset class.
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