Employee Stock Ownership Plans for Banks


On March 8, 2012, Mercer Capital sponsored the webcast “Employee Stock Ownership Plans: Exploring an Alternative for Liquidity & Capital While Maintaining Independence.”

Presented by Andrew K. Gibbs, CFA, CPA/ABV of Mercer Capital, as well as W. William Gust, JD, LLM and Michael A. Coffey of Corporate Capital Resources, the session focused on the concept of ESOPs as a solution for banks seeking to raise capital, provide liquidity to shareholders, and/or maintain independence. The session provided an in-depth examination of ESOPs, highlighting different structures and their respective advantages and disadvantages to various stakeholders (including the bank, employee participants, and shareholders).