Safekeeping

We offer the safekeeping of securities at BNY Mellon in a segregated account. This service includes:

• Issuance of safekeeping receipts
• Timely principal and interest payments
• Credit Advices issued in advance of payment on principal, interest, maturities, etc. giving you a description of security, amount, due date of payment and disposition of funds.
• Access to Federated’s Government Obligation Fund and Treasury Obligation Fund for the investment of temporary cash balances.
• Monthly statements showing holdings, activity, and balances.