Natural Person Credit Unions

Why Alaska USA Trust Company?

  • State chartered trust company, wholly owned by Alaska USA Federal Credit Union
  • One of the largest credit union service organizations in the U.S. with $6.2 billion under administration
  • Leverages FCU best practices
  • Compliant with NCUA regulations
  • Specifically designed for credit unions
  • Involved in approved securities lending activities since 1988
  • Provides state-of-the-art systems
  • Custodian for nearly 300 natural person credit unions and two corporate credit unions
  • Authorized document custodian for Ginnie Mae, Fannie Mae, Federal Home Loan Bank, and mortgage pools
  • Participant, settlement bank, and shareholder of the Depository Trust Company (DTC). Alaska USA is the only credit union to have attained this status
  • Online direct with the Federal Reserve
  • Online client trading and transaction reporting
  • Multiple sub-agent relationships
  • Direct securities custodian with no middle-man

Securities Lending for your portfolio

Easy to set up. Easy to administer.

When you use Alaska USA Trust Company as your securities lending custodian, there is very little to do on a daily basis. Alaska USA Trust Company has a securities lending program with agreements, procedures, daily monitoring and reporting tailored specifically to the organization’s needs and investment policies. In addition, we can lend our experience when it is time to educate executives, board members and financial managers about the benefits.

Income over-and-above expected returns.

Simply put, institutions can earn a steady stream of fee income on the securities that Alaska USA Trust Company loans to approved counterparties. The amount received varies with the type of securities, the demand from borrowers, the general interest rate environment, and the type of securities taken as collateral.

Because Alaska USA Trust Company is owned by one of the largest credit unions in the United States, you can be sure our interests are aligned with yours. And, since credit unions are the primary focus of Alaska USA Trust Company, you will find that regulatory compliance is paramount.

Alaska USA Trust Company:

  • is a direct provider of custody services, not a reseller.
  • is the only credit union-owned trust administration provider that clears securities directly with the Depository Trust Company (DTC) and the Federal Reserve.
  • offers a state-of-the-art online system that provides account access for both corporate credit unions and its members.
  • provides value through economies of scale by consolidating a large number of client portfolios.

Alaska USA Trust Company is a committed partner, supporting future growth and implementing cost-effective business strategies.