Medallion signature guarantee: where?
Hi,
I have some forms to change ownership of some Series EE US savings bonds that require a medallion guarantee.
Where have you gotten this? I used to use a broker at Wells Fargo but I closed that account so can't use him.
Please answer this if you have a lead for where I can get a medallion guarantee - thanks!
Jul 28, 2017
Parent Replies
I just did this at Wells Fargo (the branch on San Pablo in El Cerrito). While I am a Wells Fargo customer, I think they still offer the service to non-WF customers. But, I would probably call and ask. I think most banks do it but you need to make sure that the specific branch has a person on staff that can do it. I did not even know what this was! (Needed it for Series I bonds). Good luck!
I assume you don't have a local bank branch? I don't either (bank with USAA), but I called and asked USAA and they said I could go to any local credit union, which worked fine. I don't know if USAA actually has an agreement with the credit union association to provide this service or if it's just as the other poster said, that in fact any bank will do it. Assuming you aren't completely unbanked, I'd call and ask your checking account provider for advice. Or, just try a credit union!
I got a medallion guarantee at Chase Bank in downtown Berkeley, and the young man who helped me was fantastic. He knew what to do and was friendly and professional through the process. He did need to coordinate by phone with their corporate office, so it took some time (about an hour). That may have been because I was acting as power of attorney for the bond holder, so there were some additional steps to verify that I wasn't stealing anyone's money. I used Chase because the money from the bond redemption was being transferred to the bond holder's checking account there. But I think you could use any bank to do this.