Bankers Benefits Revenue

About Bankers Benefits

Bankers Benefits, operating from Chicago, was founded in 1997 to deliver programs offered by the Benefit Source Trust of the Chase Manhattan Bank to correspondent bank clients. Over the years, the Benefit Source Trust offered benefit products and services such as group life, health, and 401K plans. Bankers Benefits has carved its niche by working within the correspondent bank relationship and has expanded to coordinate with and supplement the products offered by correspondent banks, state banking associations, and others to provide comprehensive benefit plans to the employees of its client banks. Bankers Benefits offers a wide range of compensation and benefit consulting services to banks, assisting clients in attracting, retaining and motivating key employees in the face of the growing pressures of rising cost in an increasingly competitive and regulatory environment. Our plan designs employ a patented process which assists in benefit cost optimization. Particular attention is paid to analyzing demographics, projected benefit liability, industry trends and peer analysis.

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