12 CFR 7.2011 - Compensation plans.
Consistent with safe and sound banking practices and the compensation provisions of 12 CFR part 30, a national bank may adopt compensation plans, including, among others, the following:
(a) Bonus and profit-sharing plans. A national bank may adopt a bonus or profit-sharing plan designed to ensure adequate remuneration of bank officers and employees.
(b) Pension plans. A national bank may provide employee pension plans and make reasonable contributions to the cost of the pension plan.
Title 12 published on 2014-01-01
no entries appear in the Federal Register after this date.