Bank-owned life insurance is a tax-advantaged, cost efficient asset that provides the opportunity for higher tax equivalent returns than many bank-eligible investments. BOLI has been an effective tool over the past three decades to help banks offset the rising cost of employee benefits. And despite the economic downturn of the past few years, BOLI has remained a solid asset on the balance sheet of banks. BOLI earnings have continued to provide a steady non-loan income source and, based on financial strength ratings from S&P, Fitch, A.M. Best and Moody’s, the credit quality of the asset has remained solid.

Bank Services Company can help your financial institution establish and maintain a cost efficient BOLI portfolio, while striking a balance between risk and reward. We offer a variety of product designs and have access to the largest selection of carriers in the industry.