OWNERSHIP RECORDKEEPING – SAVE TIME WHILE REDUCING COSTS AND RISK
Time, money, and risk are three continuing challenges for every business owner. Amegy Bank’s Ownership Recordkeeping service provides you with the ability to positively impact all three.
In order to help businesses manage their ownership records, Amegy Bank is pleased to present an affordable solution to handling every aspect of the shareholder recordkeeping process. The solution allows business owners and their shareholders to easily and conveniently access valuable information online.
As a certified and regulated stock transfer agent, Amegy Bank can act as an
independent agent to help you manage the risk and time associated with
accurate stock registration and record retention. We can help you save time and
money by processing shareholder data requests and providing detailed
ownership reports for your company. This results in direct cost savings by
eliminating the need to hire expensive external resources or allocating valuable
staff time to manage the process. Risk is also reduced since all stock transfer activity is processed according to strict industry guidelines. The subsequent, up-to-date shareholder information is accurate and readily available 24/7 to assist you and your shareholders in preparing time-sensitive filings and completing financial reporting requirements.
Peace of Mind
- With Amegy Bank as ownership record keeper, business owners can expect confidential, permanent, and accurate records of the activities related to ownership.
- Accurate tracking ensures shares issued do not exceed shares authorized, and any change in ownership is updated in a timely manner.
- Consistent data backup and our tested disaster recovery plan help secure your records.
- Amegy Bank can hold issued and unissued certificates in a secured, controlled area.
Our professional staff provides exceptional service, freeing up your time and company resources. We have the expertise for the following:
- Share transfer services
- Agent services to distribute disbursements/dividends to owners
- 1099 tax reporting for payments made to owners
- Tracking of options and/or warrants issued
- Support in granting/selling shares to employees
- Assistance with your initial public offering
This Ownership Recordkeeping service is designed to mitigate risk and fit within your budget.
Ownership Recordkeeping has an advanced system that operates in an online, real-time environment. Company and shareholder access to the system is available for instant inquiry of ownership records.
If you are interested in learning more about this product, please contact your Amegy Banker or Treasury Management Officer.
PAYROLL CARD SOLUTION
Amegy Bank is pleased to introduce Skylight Financial, a NetSpend company. Skylight Financial provides the Skylight PayOptions Program, an innovative and convenient payroll card solution that allows organizations to achieve a cost effective, 100% electronic payroll for employees without traditional banking services or for those who simply want more options.
The Skylight ONE Card is a Visa branded card that provides access to funds at millions of ATM and retail locations, even online and over the phone. In addition, the Skylight ONE Card offers flexibility and convenience, plus a number of features and benefits. Some of the Skylight PayOptions solutions include the following:
FDIC Insurance – Funds in cardholder accounts are FDIC insured, up to FDIC coverage limits, through participating bank partners.
Visa Zero Liability and Regulation E Compliance – Cardholder’s online, signature, and PIN based transactions are protected from fraudulent activity. (Visa and Reg E rules apply.)
Seamless Integration – Skylight handles all aspects of program management and works directly within employer’s current payroll systems.
Security – Skylight employs extensive measures to ensure the security and privacy of employee’s personal and financial information.
Portability – Employees can continue to use the same account and card should they change jobs.
Instant Issuance – Employers can receive branded Instant Issue Packs that allow the flexibility to enroll employees online as needed.
Worldwide Acceptance – Cardholders can take advantage of unparalleled access to funds anywhere Visa debit cards are accepted.
Convenience Checks – Cardholders can utilize Skylight Checks to draw 100% of payroll funds from their accounts.
Real-Time Funding – An ACH funding alternative for clients is available 24-hours a day, seven days a week.
Corporal Portal – The Portal is an employer’s single access point for conducting program management functions such as enrollment, real-time funding, and reporting.
Dedicated Support – Implementation and Client Services support teams facilitate the ordering and distribution of marketing materials, Instant Issue Packs, and any additional information needed for employers and employees to get started with the Skylight ONE Card experience.
Training and Communication Materials – Skylight’s proven training and communication methodology and activation strategy allows clients to maximize employee participation.
24-Hour Account Information – Cardholders have 24/7 access to account information via text or email alerts, automated phone system, and online banking.
Unparalleled Access to Funds – Cardholders have the ability to obtain their entire pay free of charge through multiple channels (ATMs, Skylight Checks, Over-the-Counter Disbursements at 122,000 Visa/MasterCard member banks, Point of Sale, and Online Bill Pay). Certain other transactions may incur fees.