Investment Services

Support Services
Liquidity Services
Fraud Center
About Us
Home Page

Securities Safekeeping

The Securities Safekeeping and Settlement Program is designed to provide a safe and economical way to settle and store your securities. MCCU can safely keep any security that has a maturity date.

  • All settlements are handled on the Delivery vs. Payment method (DVP). DVP is a security delivery method where payment for the purchase of a security is not made until the security is received. When a security is sold, the security is not released until payment is received.
  • A Bailment For Hire Agreement must be on file with Missouri Corporate prior to participation in the program. This protects the credit union.
  • Interest payments on securities are credited to your Overnight Share Account.
  • Current par values for mortgage-backed securities and market values on all securities can be received monthly.
  • Securities can be re-registered as needed; negotiability documents are available upon request.
    Your Corporate Statement will confirm all security activity.

Securities Safekeeping is provided by Alaska USA. Please contact Missouri Corporate’s Julie Chapin at for more details.


Copyright 2009 Missouri Corporate Credit Union
Questions or comments, please Contact Us

Home | Investments | Support Services | Liquidity Services | About Us | Quality | Events | Join NCUA  FARIN Logos