If you haven’t already obtained a copy of the MBA’s recently published Outside Directors Survey, please consider ordering one today. This annual survey provides essential details on how Michigan banks are compensating Board members and what benefits are being offered to them.
Facts you’ll find within the survey:
- Frequency of Board and Committee meetings
- Fees paid for various levels of Board services
- Absences allowed without change to fees paid
- Year-end bonuses
- Benefits being offered to Board members
- Mandatory retirement age
Statistics are differentiated by tiers of asset size categories so you can quickly compare your bank’s policies with those of your peers.
Please contact the MBA Service Corporation at (517) 342-9062 to place an order or fax the order form to (517) 485-8515.