I spoke with an NFCU rep today; she called my local branch for me, and yes, they do offer the service. At my branch - Brunswick, ME - it is done free of charge. It's possible that this is only available at certain branches, so YMMV. (The service representative didn't herself know what a Medallion Guarantee was, but she asked the branch specifically.)
Many, if not most, do, yes.
US Bank participates in the medallion signature guarantee program in Kentucky. Wells Fargo, National City Bank, and certain credit unions also participate.
Medallion signature guarantee: Validates that the identity of the signer. Establishes that the representative of the institution accepts the proof of idenity preseneted by the signator. The institution can be legally held financially responsible for (any losses resulting from) the transaction if the signature is determined to be a forgery. Medallions are normally only given by institutions to active members of that bank/credit union /securities firm where they already do business with and know the identity of the signator. A signature guarantee is not to be confused with an acknowledgment of execution taken by a notary public, in which a signer "acknowledges" to the notary that he/she signed the document voluntarily. The notary also verifies the signer's identification to verify that he/she is the signer stated in the document. However, a notary public is a government officer, whereas a medallion signature guarantee is not a government-regulated act.
non credit substitute guarantee
Most business credit cards do come with a personal guarantee. There are, however, ways to get a business credit card that does not require a personal guarantee.
A+ Federal Credit Union - for a fee...
Many, if not most, do, yes.
Most any consumer bank or credit union will be able to provide a medallion signature guarantee. Call the bank or credit union where you do business and ask. There may be a small fee, but usually not for customers of the financial institution.
US Bank participates in the medallion signature guarantee program in Kentucky. Wells Fargo, National City Bank, and certain credit unions also participate.
At a bank, credit union, or other financial institution. Often they require that you have an account there in order to give you a medallion signature guarantee. Make sure to call ahead and ask if they have a medallion signature guarantee, and if so, what supporting documentation you would need to bring in (e.g. drivers license, account statement, etc.)
Gold medallion signature guaranteeA gold medallion signature guarantee is a method of proving that a signature is valid. It is somewhat like getting your signature notarized, except that there are fewer places that can give a medallion signature guarantee and the liability (if the signature turns out to be invalid) of the institution giving the guarantee is greater than for a notary. If you need to get a medallion signature guarantee to validate your own signature, many banks and securities firms offer the service.You can try your Federal Credit Union, if you are a member of one, that is where I got mine. Be prepared for the process to take a bit longer than an ordinary notarization.Medallion signature guarantees are normally only available at banks, you must have a signature card on file with the bank in order for the signature to be verified.
You need to contact a securities broker. Most banks and credit unions are not familiar with this process.
Medallion signature guarantee: Validates that the identity of the signer. Establishes that the representative of the institution accepts the proof of idenity preseneted by the signator. The institution can be legally held financially responsible for (any losses resulting from) the transaction if the signature is determined to be a forgery. Medallions are normally only given by institutions to active members of that bank/credit union /securities firm where they already do business with and know the identity of the signator. A signature guarantee is not to be confused with an acknowledgment of execution taken by a notary public, in which a signer "acknowledges" to the notary that he/she signed the document voluntarily. The notary also verifies the signer's identification to verify that he/she is the signer stated in the document. However, a notary public is a government officer, whereas a medallion signature guarantee is not a government-regulated act.
A medallion signature guarantee can be obtained from any financial institution, most notably banks and credit unions. The three approved programs are STAMP, SEMP, and MSP, so check your bank to see if they offer these services.
Ah, finding a medallion guarantee in Fairfax, Virginia is like finding a happy little tree in a beautiful forest. You can usually get a medallion guarantee from a bank, credit union, or a brokerage firm that participates in the medallion program. Just give them a call or visit their office, and they'll be more than happy to help you with that important stamp. Remember, there are always friendly folks around willing to assist you on your journey!
There are numerous locations that participate in the program but typically you have to be a bank customer to acquire a medallion guaranteed signature. One exception is Bank of America. Bank of America will provide the medallion guarnateed stamp for non-customers, but they do have to obtain information before providing the service. I'd suggest calling the branch you intend to visit before going just to be sure they provide this service, as it's typically just larger or main branches that will do it.
A$1,000,000B$750,000C$500,000D$250,000E$100,000F(Credit Unions per transaction) $100,000X*$2,000,000Y*$5,000,000Z*$14,000,000 ($10 million for Z prefix plus an additional $4 million of coverage for STA members stated in STA rule 1.04(a))