SunCorp provides third-party safekeeping of marketable securities to its members. Prudent investment management suggests that the safekeeping function be separate from the brokerage of securities. SunCorp's program allows your credit union to settle its securities purchases using the "delivery-versus-payment" (DVP) method — which ensures that funds are not disbursed until the security has been received into safekeeping. This method maximizes your earnings, and guarantees that your credit union is either holding the funds, or the marketable security — at all times.

SunCorp does all of the work, providing monthly statements of holdings and month-end market values to assist you in your accounting. All coupon payments are credited directly into your Cash Management Account, where they begin earning interest immediately. You can also borrow against your securities in safekeeping with a simple phone call. Our secured loans provide immediate liquidity to your credit union at competitive market rates.
Call us at 1.877.786.2677 or e-mail us today to take advantage of our Security Safekeeping program!

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