TAILORED. AFFORDABLE. RELIABLE.
record-keeping solutions uniquely tailored to your bank
OPTION 1: outsource to cleartrust
Appoint ClearTrust as your transfer agent and let us take care of all your shareholder record-keeping needs for you.
Significant cost savings compared to maintaining records in house
Dedicated, USA-based agent available to help your shareholders, saving you time
Digital shareholder record maintenance, easily retrievable at your request
Fully compliant handling of all stock transactions and corporate actions
Streamlined shareholder meeting administration
Dividend reinvestment and stock purchase plan administration
Online account access available both to you and your investors
Lost shareholder searches and escheatment prevention services
Interface with the Depository Trust & Clearing Corporation and all stock exchanges
OUTSOURCE A LA CARTE TO CLEARTRUST
Based on your bank's particular needs, select a la carte the services that ClearTrust performs for you.
Services available a la carte:
WHITE LABEL WITH CLEARTRUST
Continue to interface directly with your shareholders while ClearTrust performs transfer agent functions behind the scenes.
Maintain close, direct relationships with investors
Remain intimately involved in all stock activity
Reduce staffing needs to relationship management only
Reduce compliance risk by relying on industry-dedicated professionals
Thinking of listing on otcqx for banks?
Hiring an independent transfer agent is a requisite of listing. Large transfer agents tend to overlook smaller banks. They aren't able to give your shareholders the custom, personalized service you'd like. ClearTrust is SOC-1 audited and qualified to serve community banks.
General listing process:
Put your financials in order. Provide two years of audited consolidated financial reports for non-SEC reporting banks, or two years of reported filings for SEC-reporting banks.
Issue shares to your investors. A minimum of 50 investors with at least 100 shares each is required. ClearTrust can issue shares in certificate or book entry form, and will serve as record keeper and liaison for your shareholders.
Make shares tradable. Either traditional IPO or "Slow PO" are viable options. ClearTrust is your ally through the entire process. We can obtain your CUSIP number, introduce you to market makers, and apply for DTC and DWAC/FAST eligibility to facilitate cost-effective trading for your investors.