Security Safekeeping with CorpSafe

Southeast Corporate's corpSafe securities safekeeping service provides your credit union with a safe and economical way to store and settle virtually all types of marketable securities. The Securities Exchange Commission (SEC) requires financial institutions to use an outside specialist to maintain securities. The security safekeeping process involves a safekeeping agent validating security yield disbursements and sending those disbursements via ACH to the financial institution. Plus securities held at Southeast Corporate are not automatically used as collateral, providing added safety for credit unions using corpSafe.

CorpSafe is Internet Based

Because corpSafe is Internet based, you can monitor your portfolio online and have anytime access to current information on your investments. Your account is updated daily and includes account information through the close of the previous business day. You receive fair market valuation of your securities and investment accrual data weekly and also one business day after a month ends. This can help speed the closing of your monthly financials.

CorpSafe's Reporting Options

• Portfolio Report - This report summarizes your portfolio composition, sources and uses of funds. You can view portfolio values at the beginning of the month, current value as well as gains/losses.
• Holding Report - Provides a summary of your investments including par value, cost and market value.
• Transaction Report - Transactions are available for 90 days, and are searchable by date range.
• Current Day Projected Settlement Report - This report is updated daily to project settlement for sales, purchases, and payments.

For information about corpSafe contact your Southeast Corporate Financial Strategist.