ABA Insurance Services offers surety bonds, primarily STAMP Medallion Signature Guarantees. A STAMP surety bond is required by Securities Transfer Association and assures a financial institution that its guarantees will be immediately accepted for processing by transfer agents.
A STAMP Surety Bond should be equal to the largest security transaction to be guaranteed by the financial institution.
STAMP Surety Bond Features
- Simple application process
- A+ rated insurance carrier
- Limits up to $10,000,000
- Additional 10% discount applied to 3-year premium payments
- Banks that are members of the American Bankers Association receive a 15% discount on their STAMP Surety Bond through ABA Insurance Services