Page 19 - February 20, 2025 Bulletin

NDBA Board
and NDBA

Services Board

Gather for

Joint Meeting

Following the NDBA Bank
Management Conference,
Cornerstone Bank hosted
a joint meeting of the
NDBA Board of Directors
and NDBA Services Board
on February 13. Lots was
accomplished in a short
amount of time inluding
approval of the NDBA
Strategic Plan.

2025 Director Compensation
Survey is now open for

participation!

NDBA is partnering with Blanchard Consulting Group as a resource for salary and benefits information for North
Dakota banks. This survey only includes financial institutions. 2025 director compensation data will be gathered surrounding
board meeting fees, committee fees, chair fees, retainers, equity, benefits, and total director compensation, as well as ten
director compensation trends questions. Data cuts will be broken out by asset size and/or region, where available.

Please click on this link to complete the survey. Deadline; Friday, February 28.

In 2025, there is a subscription option for the surveys. You can pre-pay and purchase both of the 2025 surveys. The 2025 subscription
includes both the Director Compensation Survey and the Salary & Cash Compensation Survey (to be conducted later in 2025 – watch for
emails in the spring).
Subscription Option Pricing (Includes both surveys):
• NDBA Participant: $500 NDBA Non-Participant: $1,000
Individual Survey Pricing:
• 2025 Director Compensation Survey: $200 (NDBA Member participant) / $450 (NDBA Member non-participant)
• 2025 Salary & Cash Compensation Survey: $300 (NDBA Member participant) / $550 (NDBA Member non-participant)

** Please note if you choose the subscription option at the participant rate; however, are unable to participate in one or both surveys, no refunds will be issued.
In such cases, the bank has the option to purchase the survey findings at the non-participant rate, and the difference in cost will be invoiced accordingly.
To pre-order your copy of the survey, express your interest in the subscription option, or if you have any questions
regarding the survey, please contact Laura Roth at surveys@blanchardc.com or 612-850-0153.

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