This insightful dive into Employee Stock Ownership Plans (ESOPs) will explore their strategic role in the banking sector. Participants will gain an understanding of how banks can sponsor ESOPs to benefit their employees while leveraging these plans as powerful tools for capital raising and growth. Learn how ESOPs can enhance loan origination efforts and create opportunities for cross-selling wealth management services.

Learning Objectives:

• Define ESOPs and their core principles and structures.

• Understand the process of establishing an ESOP in a banking institution.

• Analyze how ESOPs benefit employees, including ownership culture and financial incentives.

• Explore strategies for leveraging ESOPs to raise capital and drive bank growth.

Duration: 60-minutes

Recorded on Nov. 5, 2024.