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Medallion Signature Guarantee

Feca Medallion

Validated Authority for Your Investments

Certain types of investments, such as stocks and bonds held in certificate form, require the authorization of a pre-verified financial institution to sell or transfer ownership.

A Medallion Signature Guarantee is a special stamp used when buying or selling securities. It confirms that the signature authorizing the sale is genuine and that the signer has the legal authority to sign the document.

When we process a Signature Guarantee, we are not only verifying that your signature is genuine, but that you are the appropriate person to sign the request, and that you are acting within your legal capacity to sign the transaction request form.

The Medallion Signature Guarantee procedure is more complex than a notarized signature procedure. Since we accept all liability for any forgery, we require more verification for a signature to be notarized.

Why Would I Need a Medallion Guarantee?

  • Moving Securities to a new account – Transferring a 401(k) when switching jobs.
  • Giving securities as a gift – Transferring stock shares to a child or donating them to a charity.
  • Transferring security ownership – The original owner has died and ownership needs to be adjusted.
Feca Medallion Guarantee
Feca How to get a Medallion

How Do I Get a Medallion Guarantee?

Gather the following documents and stop by your nearest branch for the signature process:

  1. Two forms of identification including one unexpired photo ID. (ex: a driver’s license or state issued ID card)
  2. Proof that you own the security you wish to sell, redeem, or transfer. (ex: a recent account statement)
  3. Verification of the approximate value of the securities involved.
  4. In special cases, we may need other documents demonstrating your legal capacity to act on the account (ex: a will, power of attorney documents, trust documents, death certificate, small estate affidavit, etc.)
  5. All joint owners of the security must be present since they will also need to sign. Joint owners will need to present two forms of identification.

Note: A Medallion Guarantee is not the same as document notarization.