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STAMP Surety Bond 

ABA-Sponsored Insurance Program

 

Progressive Casualty Insurance Company

 

 

| Program BenefitsHow to Apply For More Information | More on STAMP |

 

 

A guarantee of signature is required by all Transfer Agents before a security can be sold or otherwise transferred. The Securities Transfer Agents Medallion Program (STAMP) is the official signature guarantee program recognized and approved by the financial industry and recognized and endorsed by the Securities Transfer Association.

 

Purchasing a STAMP Surety Bond assures the financial institution that its guarantees will be immediately accepted for processing by Transfer Agents. The ABA-Sponsored Insurance Program offers the STAMP Surety Bond at a discounted rate to ABA Members.

 

PROGRAM BENEFITS

 

  • Purchasing a STAMP Surety Bond assures the financial institution that its guarantees will be immediately accepted for processing by Transfer Agents. 
  • ABA members receive a 15% discount on their STAMP Surety Bond through Progressive, the underwriter for the ABA-Sponsored Insurance Program. 
  • Simple application process 
  • A+ rated insurance carrier 
  • Limits up to $5,000,000
  • An additional 10% discount is applied to 3-year premium payments.

 

FOR MORE INFORMATION

  

For more information, call Progressive at 1-800-274-5222 and ask for the STAMP Administrator or email Progressive's Wanda Wells at wanda_wells@progressive.com.

  

HOW TO APPLY

 

Contact: Wanda Wells, STAMP Program Administrator

Tel: (800) 274-5222

wanda_wells@progressive.com

Progressive Casualty Insurance Company

5920 Landerbrook Drive

PLG-L21

Mayfield Heights, OH  44124

http://banks.progressive.com

 

CAB CONTACT PERSONS

 

John Wolff,  Tel: (202) 663-5486

E-mail: jwolff@aba.com

 

Monica Condon, Tel: (202) 663-5475

E-mail: mcondon@aba.com