News

THE ABC’s OF BOLI; BANK OWNED LIFE INSURANCE
By: Carmen Effron and Brian Burke
Massachusetts Banker eNewsletter | March 10, 2010

"The financial crisis that has plagued banks for over a year is starting to hit one of the more opaque corners of the balance sheet: bank-owned life insurance, or BOLI.  The hit could be worse than most people expect, especially for small banks.  Because BOLI assets represent about 1% of the $13.8 Trillion of total assets held by FDIC insured banks, any shortfall “surprise” means that tangible capital could be adversely affected."

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Press Releases

NEW STUDY SHOWS BOLI YIELDS FALL DRAMATICALLY IN 2008
May 13, 2009

"Carmen Effron and Brian Burke are pleased to announce the formation of Effron Burke Associates LLC as an extension of C F Effron Company services. EBA is also pleased to announce the publication of the first definitive index that measures Bank Owned Life Insurance (BOLI) yields..."

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