ABA endorses bank-owned life insurance from Equias alliance.

• Position: Brief article

ABA HAS AWARDED EQUIAS ALLIANCE with its exclusive endorsement for the company's executive and director benefits services and bank-owned life insurance. This exclusive endorsement is awarded through its subsidiary, the Corporation for American Banking.

Equias Alliance programs help banks enhance earnings, restore existing retirement program shortfalls, and offset the costs of medical, group life and other ERISA benefits.

The selection of Equias Alliance follows a lengthy due diligence process--with the assistance of an independent industry consultant--that extensively reviewed the products, technology, service and industry expertise of Equias Alliance and other major providers in the BOLI and executive and director benefits arena. To earn the endorsement, companies must meet stringent quality standards, fulfill industry needs, and satisfy...