Stock Transfer Technology
Hickory Point Bank Stock Transfer Group, utilizes Transtar, a real-time security holder accounting system that offers its users an interactive, online system. This system increases functionality with reliable, accurate processing. The key features of this system are:
Transfer Processing
- Certificate, book-entry and dividend reinvestment plan share accounting
- Direct Registration ready
Dividend Reinvestment
- Direct purchase options
- Flexible plan options
- Partial reinvestment options
- Automatic cash draft
- Cash contributions
Proxy Processing
- Cumulative, full and partial real-time votingombined proxy voting across issues
- Interfaces for interactive Voice Response system and internet voting
Interface Compliant
- DTC FAST interface
- Depository Trust Company
- Securities Information Center
- Internet accessibility
Tax Reporting & Compliance
- Year-end tax reporting
- Automatic generation of X-17 form for lost securities
- SEC transfer turnaround reporting
- Escheatment processing
- Lost Shareholder reporting
- Back-up withholding
Comprehensive Reporting
- Management control reports
- Customer-defined ‘ad hoc’ reporting
- User-defined data exporting
Services offered by Hickory Point Bank & Trust’s Stock Transfer Department are not FDIC-insured, are not deposits or other obligations of Hickory Point Bank nd have no bank guarantee, and are subject to investment risk including possible loss of principal value.