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Talking Finances with your Adult Children May 14, 2019

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Notary and Medallion Services

Notary and Medallion Services

We have certified staff at all three branches to assist you with notary and medallion signature guarantee services. Feel free to contact us for an appointment today.

Notary

Notary services are FREE to all current members of Great Basin FCU.

Notary fees for non-members:

  • For taking an acknowledgement for the first signature of each signer: $5.00
  • For each additional signature of each signer: $2.50
  • For administering an oath of affirmation without a signature: $2.50
  • For a certified copy: $2.50
  • For a jurat, for each signature on the affidavit: $5.00

Medallion Signature Guarantee

This is an official stamp or seal put onto financial documents, such as securities or mutual funds that require a signature to verify that the person or persons signing the document are really who they say they are. It is used when selling, redeeming or transferring. The Medallion Signature Guarantee procedure is more complex than a notarized signature.

Each person requiring their signature to be guaranteed must be a member

  • Need to have account for at least 90 days
  • This is a FREE service to our members

Identification

  • Government issued passport
  • State issued driver’s license
  • State issued non driver id card
  • Military ID

Proof of securities ownership (All owners must be present)

  • Statement
  • Actual Stock Certificate

Proof of Value

  • GBFCU is limited to guarantee signatures for $500,000 or less per transaction

Verification of legal right to sign

  • Affidavit of Domicile
  • Birth/Death Certificate
  • Corporate Resolution
  • Inheritance Tax Waiver
  • Power of Attorney
  • Probate Court Certificate
  • Small Estate Affidavit
  • Trust Agreement
  • Additional Documentation may be required

Qualified Transactions

  • Sale
  • Redemption
  • Transfer or Assignment of a Security

Unqualified Transactions

  • Administrative Changes
  • Enrollment forms
  • IRA’S that do not contain securities
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