Automated, Integrated Safekeeping Services
Members have streamlined access to safekeeping services that provide a secure and convenient method for clearing and safekeeping securities and pledging securities to a third party. Transactions involving receipt or delivery versus payment are cleared through the member's Demand Deposit Account on the date of receipt or delivery. Many securities held in the Securities Safekeeping may be used as collateral for FHLB Dallas obligations.
Settlement instructions may be provided via fax or SecureConnect
Competitive and cost-effective fee schedule
Audit confirmations are provided at no charge by using the Audit Request Form
Third-party custodial service agreements
Unique numeric coding system that helps segregate securities pledged to public unit depositors
Rapid response to research inquiries, which usually take place within 72 hours
Additional guides and forms needed to transact your safekeeping business may be found in the Securities Safekeeping section of the Products and Services tab in the Guides and Forms page.
FHLB Dallas must be notified of any security activity by 10:00 a.m. CT on the day of settlement.
Hours of Operations
The hours of operation are from 8:00 a.m. to 5:00 p.m. CT, Monday through Friday.