Burns-Fazzi, Brock

Overview

Burns-Fazzi, Brock is a leading compensation consultant to credit unions. Since 1995, it has provided an increasingly wide range of retirement benefits and other compensation-related services to credit union executives, directors and employees. The organization aims to help credit unions recruit, reward and retain its talented executives.

Burns-Fazzi, Brock’s broad expertise in the complex tax, accounting, legal, regulatory, funding and administrative issues that govern the use of benefits/compensation programs by financial institutions allows it to deliver a wide range of solutions to its clients.

Products/Services

Executive Non-qualified Benefits Plans
Executive Compensation Consulting 

NAFCU Member-only Benefits

Burns-Fazzi, Brock offers a complimentary educational meeting about executive benefit plans and a complimentary actuarial and legal review of existing non-qualified plans for due diligence.

Free Downloads

Vendor Selection Checklist for Executive Benefits
Ongoing Nonqualified Plan Due Diligence Checklist
Informal Funding Checklist

NAFCU Executive Compensation & Benefits Survey for Federal Credit Unions 

Register to participate in the 2014 survey (and receive the results) »

Together with NAFCU Services, Burns-Fazzi, Brock co-sponsors the NAFCU Executive Compensation & Benefits Survey of Federal Credit Unions yearly. Every participating federal credit union receives a copy of the summary report at no cost. The survey is conducted by independent research firm Clark & Chase Research, Inc.

The 2013 NAFCU Executive Compensation and Benefits Survey report is now available. If you participated in the study, please email Liz Santos for your free copy of the report. All others, please email Janelle Lynch.

Educational Resources

View All Educational Resources

News

  • Burns-Fazzi, Brock Wins the 2014 NAFCU Services Corporation Innovation Award (September 8, 2014)
    Burns-Fazzi, Brock announced today that it won a 2014 NAFCU Services Corporation (NSC) Innovation Award.
  • Burns-Fazzi, Brock Acquires Executive Compensation Solutions (May 13, 2014)
    Burns-Fazzi, Brock (BFB) announced today that Executive Compensation Solutions (ECS) and its clients are joining the BFB family.
  • Burns-Fazzi, Brock and NAFCU Services Invite Credit Unions to Participate in Their 2012 Executive Compensation and Benefits Survey (January 31, 2012)
    ARLINGTON, VA – NAFCU Services Corporation and Burns-Fazzi, Brock announced that its sixth annual Executive Compensation & Benefits Survey is now open for federal credit unions to participate. Any credit union that completes the survey will receive a free copy of the detailed results, which provide invaluable benchmarking information on compensation and benefits for the top five credit union executives.
  • Burns-Fazzi, Brock Selected as NAFCU Services Preferred Partner for Long-term Care Insurance (May 24, 2011)
    NAFCU Services Corporation today announced that Preferred Partner Burns-Fazzi, Brock has expanded its solution category to include long term care insurance for credit unions. Burns-Fazzi, Brock has been the NAFCU Services Preferred Partner for executive benefits and compensation since 2006. Late last year, the NCUA issued a letter affirming that federal credit unions can offer long term care insurance to board members.
  • Webcast Reviews Results of 2010 NAFCU Exec Survey (November 9, 2010)
    NAFCU Services Corporation (www.nafcu.org/nafcuservices) today released a free webcast with its Preferred Partner, Burns-Fazzi, Brock, on the results of the 2010 NAFCU Executive Compensation & Benefits Survey. Sponsored by NAFCU, NAFCU Services Corporation and Burns-Fazzi, Brock, the survey was open to all federal credit unions in 2010. Previously, just NAFCU members were eligible to participate.
  • Podcast Uncovers Lessons Learned from Exec Compensation Plans that Withstood the Financial Crisis (October 14, 2010)
    NAFCU Services Corporation today announced a new podcast featuring an expert view on how the financial crisis has affected executive compensation plans at credit unions, which plans have performed the best, and reasons why they have endured the crisis so well. The podcast features an interview with T.J. Telford, partner at Burns-Fazzi, Brock.
  • Free Webcast Reveals Results of 2009 NAFCU Exec Compensation Survey (October 21, 2009)
    NAFCU Services Corporation today released a free webcast with its Preferred Partner, Burns-Fazzi, Brock, on the results of the 2009 NAFCU Executive Compensation & Benefits Survey. Sponsored by NAFCU, NAFCU Services Corporation and Burns-Fazzi, Brock, the survey is in its third year and was created to better understand the compensation and benefits offered to the top executives of NAFCU member credit unions.
  • Burns-Fazzi, Brock and NAFCU Services Offer Free Podcast on Exec Split Dollar Plans
    NAFCU Services Corporation and its Preferred Partner for executive compensation and benefits, Burns-Fazzi, Brock, today announced a free podcast that discusses the legal and tax requirements that credit union executives must address in order for their split dollar plans to be in compliance with new requirements by the end of 2008. If not amended by the end of 2008, the executive might be subject to significant penalties.
  • Burns-Fazzi, Brock and NAFCU Services Release 2007 Executive Compensation & Benefits Survey Findings (January 16, 2008)
    Burns-Fazzi, Brock and Associates and NAFCU Services Corporation recently announced the availability of the complete 2007 NAFCU Executive Compensation and Benefits Survey report. An 18-minute webcast summarizing the survey findings is now available at www.nafcu.org/bfb. Conducted by an independent research firm, Clark & Chase, the survey was sent
    to all NAFCU member CEOs last May. Initial findings were presented at NAFCU’s Annual Conference in July 2007 in Honolulu.
  • Burns-Fazzi, Brock and NAFCU Services Partner, Launch 2007 Executive Survey (May 30, 2007)
    NAFCU Services Corporation recently named compensation consulting firm Burns-Fazzi, Brock & Associates to its Preferred Partner Program. The two organizations also announced their first co-sponsored survey to the credit union community, the 2007 Executive Compensation & Benefits Survey, sent Tuesday to NAFCU members.

Contact

Richard Brock
704-332-2265
http://www.bfbbenefit.com
rbrock@bfbbenefit.com