At Amegy Bank of Texas, we strive to offer premier products and services to our client banks, including our Safekeeping and Custody Services.
Our transaction settlement is achieved through an electronic data exchange with the bank's custody processing system and its interface with the major security depositories. Amegy Bank of Texas maintains direct and indirect membership with these depositories enabling the bank to communicate directly with the National Clearing and Depository Systems.
Some of the features our client banks benefit from include:
Amegy Bank of Texas is the end provider At Amegy Bank of Texas, we provide the services to you - unlike other banks who are the front office for another entity.
We take a team approach to meet your needs Our team approach ensures high profile attention to our clients. Our clients also benefit from the support of a full-service financial institution.
We offer professional administrative support Our client banks benefit from the services of a dedicated consultant who is housed locally.
We provide significant cost savings We pass along our lower overhead costs in lower fees to our clients. Our system also features fewer transactions (Principal and Interest payments are billed as one transaction).
We offer the advantage of easy reporting For many of our clients, standard month-end reports are satisfactory; however, if daily reports are required, these are available within twenty-four hours.
To find out more about the benefits of Amegy Bank of Texas' Custody Services and Safekeeping, please contact your Amegy Bank of Texas Correspondent Banking officer.