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804-591-3843 ext. 643
804-239-0452
804-323-1718
jarcher@cbbonline.com
Bond Accounting can be extremely time-consuming.
You can concentrate your staff resources on meeting the needs
of your customers while you allow Community Bankers' Bank to perform
this activity for you. Once you provide Community Bankers' Bank
with a copy of your most recent bond accounting report, we will
set you up on our system and begin producing customized monthly
reports delivered electronically to you. Community Bankers' Bank
waives our portfolio accounting fees for the first three months
while you are running our system parallel to your current system
ensuring a seamless transition.
Community Bankers' Bank can safekeep your securities.
We maintain possession and control of the securities you deposit
with us as well as complete records. In addition, we:
- Facilitate timely payment of any interest
earned or any principal due as a result of maturity, redemption
by call, or other debt retirement.
- Settle trades
- Manage pledging
Unlike our competitors, we do not have numerous
sales people who encourage aggressive trading in order to generate
commissions. Community Bankers' Bank does not “sell”
securities; rather, we buy them to suit the needs of our clients.
That way, you can be sure we are totally objective when we make
investment recommendations. Community Bankers' Bank offers a complete
range of fixed income investments including:
- U.S. Treasury Bills, Notes, and Bonds
- Federal agency securities including FHLB,
FNMA, FHLMC, SLMA, FFCB
- Bank qualified municipal bonds
- Mortgage backed securities including FNMA,
FHLMC, GNMA, CMO’s
Community Bankers' Bank is approved to act as
escrow agent for the securities required to be pledged to the
Virginia Treasury Board under the Virginia Security for Public
Deposits Act when a bank purchases public funds.
As an escrow agent, Community Bankers' Bank performs
the following functions:
- Record keeping
- Holding securities
- Monthly reporting to Virginia Treasury Board
- Handling pledge changes
| Securities are offered by, and Investment Consultants are registered with Community Bankers Securities, LLC, Member NASD/SIPC. Community Bankers Securities is not a bank or trust company and is independent of any financial institution. Securities (1) are not deposits of this institution; (2) are not issued or guaranteed by the FDIC or any other government agency; (3) are not obligations of, or guaranteed by, any financial institution; and (4) involve investment risk, including the potential for fluctuations in investment return and the potential loss of principal. |
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