In today’s changing banking environment, attaining a sense of stability and security about the future is elusive. Through mergers, acquisitions, growth spurts and economic swings, your financial institution is expected to consistently deliver results. At Financial Institution Consulting Corporation (FICC), we know that having a solid compensation package in place is critical to attracting, retaining and motivating a strong leadership team, yet balancing costs and seeing a return on that financial investment is equally important. That’s why hundreds of financial institutions nationwide have trusted FICC with the development and administration of benefit and compensation plans for their officers, directors and employee groups. With an exclusive focus on the banking industry, FICC is the preeminent choice in employee benefits compensation planning and administration for banks, savings and loans, and credit unions. Our custom-designed solutions not only help you attract and retain strong employees, they also ensure regulatory compliance, produce alternative revenue streams for your institution and deliver a positive return on your overall investment.

Innovative Leadership… Creative Solutions FICC designed one of the first single premium life insurance policies ever to be sold to a financial institution.  We were the first company to recognize the importance of plan administration services.  Today, our company continues to be service-oriented, rather than merely a vendor for self-serve insurance products. FICC’s phantom conversion plans, first unveiled in the 1990s, remain immensely popular for mutual institutions.  Unlike competitors who establish plans and never revisit the initial assumptions, we monitor and review our plans annually, thus ensuring that actual performance keeps pace with plan projections. FICC never uses sales representatives to service client accounts.  Our staff are seasoned professionals with years of experience in the financial industry.  Our clients benefit from a mix of portfolio and new money products which effectively hedge against negative trends in interest rates.