Bank Director's 2017 Compensation Survey incorporates data from 286 independent directors and senior executives of U.S. banks. Information was also collected from the proxy statements of 108 publicly traded banks. The report shows:

• The top 3 compensation challenges for 2017 are tying compensation to performance, recruiting commercial lenders, and compensation and benefit costs. 
• 93% of respondents believe their compensation package is competitive with that of other financial institutions
• 44% report that the board most recently raised director pay in 2016 or 2017. 
• 48% say their bank does not have a successor identified to replace the CEO.

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