This was the first time I had purchased a vehicle without going through a dealer for financing. When I went to the Credit Union I was seen immediately by the Loan Department. The Loan Officer was very knowledgeable. I was given a list of documents to gather and was promptly taken care of when I returned with them. My wife will be contacting your office about refinancing her student loans.
Medallion Signature Guarantee
Selling, redeeming or transferring securities?
A Medallion Signature Guarantee is used for selling, redeeming or transferring securities, such as stocks or mutual funds. The transfer agent requires the signature of the owner(s) of the securities to be “guaranteed” by a financial institution before they will act upon the transaction request. The Medallion Signature Guarantee procedure is more complex than a notarized signature procedure.
Since Somerset Federal Credit Union guarantees that your signature is valid (not a forgery), we are required to verify additional information. Therefore, we ask that you bring the following with you:
We have the ability to process signature guarantees on transactions up to $100,000. If your transaction is larger than this, please contact the issuer of your security to request assistance in finding another local Signature Guarantor to handle your request.
In my 30+ years in Somerset, I have never seen a financial institution with such great service. Keep up the great work, you have a great deal to be proud of.
Arlene Fortin has always been an absolute pleasure to work with.
Our Money Management Officer, Kassandra, was great to work with. I do not think she could do better.