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Medallion Signature Guarantee Service

Reliance State Bank is not a licensed guarantor.  We can help provide the service of medallion signature guarantee and signature guarantees to our customers for the purpose of security transfers through our affiliate bank, First National Bank, of Ames, Iowa.  The transaction dollar limit for signature guarantee service is $250,000 per transaction. There is a $35 fee for each guarantee; this fee is necessary due to the complex nature of the paperwork and liability involved in the transaction. Please see below for required documentation.

Medallion Signature Guarantee Requirements:

  • Must be a bank customer with a Deposit or Loan relationship
  • Photo identification of authorized signer(s) - Drivers license or passport
  • Proof of Transaction Value & Proof of Ownership - Most current statement (Mutual fund/broker statement showing # of shares, stock certificate)

Documents must be signed in the presence of the guarantor with all owners present. Additional documentation may be requested depending upon the nature of the transaction including certified power of attorney, death certificate, or probate letters of appointment.

Documentation will be copied or original supporting documentation retained depending upon the nature of the transfer.

Medallion Signature Guarantee Service is available by appointment. Please call 515-733-4396 in Story City, or 641-923-2801 in Garner, to schedule an appointment.

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