Does Boeing Employee Credit Union do medallion signature guarantee?

Answer 1

YES, BECU does offer medallion signature guarantee to members only at no cost. Bring required Identification and required paperwork that needs signature along with you. There are 2 BECU branches that offer this service: Tukwila Branch and the Everette Branch, however you can check the website for additional locations that may offer this. Just look for "signature services" in the list of services each location offers.

There are staff at each neighborhood center that offer the service, however, come very prepared. They don't seem to really know what they are doing--it likely won't be a quick process and they will want a ridiculous amount of paperwork in my experience. When I tried to get a stamp for a transfer from my late mother's IRA for which I am a beneficiary, they asked for a death certificate, a copy of my mother's last account statement at the IRA company, proof from the IRA company that I was a beneficiary etc... The clerk was very young and had to go talk to his supervisor/colleague--I could hear them talking and the phrase ("I don't know" came up over and over again. They never once even asked for ID. From what I understand about the SEC's STAMP program, the medallion stamp is a way to ensure the identity of the person signing the document involving the sale or transfer of securities. It is to protect the owner of the securities from, say, a forger who might try to steal the securities. But the way BECU treats it seems different. If I were you I would try some other institution--like a Fidelity branch office. Even the IRA company holding the assets told me that what BECU were asking me for was ridiculous. It took me many, many hours and several trips to BECU to get the stamp. I am now not really seeing the purpose of having an account with BECU. They are worthless to me.

Answer 2

DOES SMOKEY POINT/ARLINGTON BECU BANK DO MEDALLION SIGNATURE STAMPS?