12 C.F.R. § 7.2011

National bank compensation plans.

Last amended: 2021Year: 2026Length: 95 wordsOfficial source

Cite as 12 C.F.R. § 7.2011 (2026)

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. (c) Employee stock option and stock purchase plans. A national bank may provide employee stock option and stock purchase plans.
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