Services

INVESTMENT SERVICES
Automated Sweep
Deposit Reclassification
Fed Funds As Agent
Securities Safekeeping

CREDIT SERVICES
Fed Funds Liquidity Line
Loan Services
Leasing
Letters of Credit Services

CASH MANAGEMENT
Cash Calculator
Credit Card Services
Employee Retirement Plans
International Services
Lockbox Services
Merchant Card Processing
Payroll Services
STARS™ Cash Management

DEPOSIT OPERATIONS
Cash Letter / Image
Coin & Currency
Escrow Accounting
STARS™ Settlement Services

OTHER SERVICES
Biometric Security System
Confidential Record Destruction
Revenue Enhancement

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   Securities Safekeeping

Provides a cost effective and highly automated response to our client banks' needs for their own securities portfolios and for their trust customers.

Key Highlights

• On-line access to real-time transaction data
• Full compliance with FHLB collateralization of Advances
• Fees include up to 240 trades and/or paydowns
• No charge for posting interest and dividend payments

Capabilities

Our alliance partner, State Street Bank & Trust Company, only business is securities processing and they have been in business for over 200-years. State Street Bank is a $110 billion institution that has over $12 trillion of assets under custody, 21,900 employees, global custody capabilities in 100 countries and is supported by the most sophisticated technology available. They are currently providing safekeeping services to over 60 banks in New England.

Request Information regarding SECURITIES SAFEKEEPING services.

   

Member
Federal Reserve System

Last Updated: November 9, 2010
Bankers' Bank Northeast. All Rights Reserved.
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