NAFCU Services Credit Union Podcasts

Exploring Long Term Care Insurance for Credit Union Officials

May 24, 2011

Late last year the NCUA issued a letter affirming that federal credit unions can offer long term care insurance to Board members. In this podcast you’ll hear from two experts about what long term care insurance is and how to evaluate key features, costs and benefits associated with offering this benefit to your credit union volunteers. We visit with Rich Brock, Principal at Burns-Fazzi, Brock and Rick Boothby, Regional Vice President for Burns-Fazzi, Brock.

Rich has more than 25 years of experience in the financial services and accounting industries with an emphasis on executive benefit plans. Since the founding of Burns-Fazzi, Brock, he has consulted with countless credit unions nationally.

Rick also has over 25 years of experience in the financial services industry and is responsible for new business development, oversight of benefit programs administration and for performance, regulatory and IRS compliance monitoring of plan assets for a region of BFB credit union clients.

Burns-Fazzi, Brock is the NAFCU Services Corporation Preferred Partner for Executive Benefits & Compensation Consulting and Long Term Care Insurance.

Contact: Mr. Tyler Quigley, Phone: (801) 820-4032; Email: tquigley@bfbbenefit.com; Website: www.bfbbenefit.com  

Interviewer: David C. Frankil, President, NAFCU Services Corporation, Phone: (703) 842-2226; Email: dfrankil@nafcu.org

Show References: www.nafcu.org/bfb