Through this program, available only to members of Corporate America, credit unions that buy and/or sell securities settle their account automatically and safekeep the purchases through Corporate America Credit Union.
Credit unions who select the Safekeeping Program will also appreciate the easy administration and safety of the Securities Safekeeping Program. Interest and principal payments are automatically credited to your Corporate Funds Account. Your credit union is provided with a monthly statement reflecting market values of your securities at the first of each month.
For more information, please contact Corporate America at (205) 313-4300 ext 220, (800) 292-6242 ext. 8220, or safekeeping@corpam.org.