In conjunction with Central Capital Markets, Central Bank offers its institutional clients full accounting and safekeeping services for fixed income investments.

Central Bank maintains close relationships with the Federal Reserve Bank and the Depository Trust & Clearing Corporation; we clear securities directly with these institutions. Principal and interest reconciliations are performed daily to ensure that our customers receive appropriate payment on fixed income investments held in safekeeping.

Central Bank’s Bond Accounting and Safekeeping Area utilizes a state-of-the-art portfolio management and accounting/safekeeping system … PARAGON. This system provides accurate monthly accounting for all types of fixed income investment instruments. PARAGON is able to account for even the most esoteric of securities, including derivatives, structured notes, pass-throughs, ARMS, and CMOs.

The success of every important decision and each profitable investment depends on precise and comprehensive reporting. Central Bank’s Bond Accounting and Safekeeping Area offers a variety of monthly management, regulatory, activity, and accounting reports to its correspondent clients. PARAGON maintains a relational database allowing users to customize reports to fit individual needs. Central Bank offers its correspondent banking clients the ability to view its monthly accounting reports online. Click here to view your online reports.

Management Reports: These provide management with security holdings at a glance.
~ Portfolio Analysis Report
~ Pledge Inventory Report
~ Security Inventory Report

Regulatory Reports: These provide staff with reports to complete a Calls Report.
~ Schedule RC-B Report
~ FASB 115 Inventory Report

Activity Reports: These assist in tracking transactions and payments.
~ Monthly Purchases Report
~ Monthly Sales Report
~ Monthly Maturities & Calls Report
~ Posted Payments Report
~ Projected Payments Report

Accounting Reports: These assist in general ledger reconciliation and accounting principles.
~ Trial Balance Report
~ Portfolio Accounting Statement Report
~ Accounting Summary Report
~ Accounting Totals Report

Pledging Services
Central Bank’s Bond Accounting and Safekeeping Area also provides its correspondent banking clients with pledging services. If a correspondent banking client maintains public fund accounts, Central Bank aids them in sufficiently collateralizing deposits over $100,000. The Bond Accounting and Safekeeping Area contacts the correspondent banking client with information regarding collateral maturities.

Benefits to You
The greatest benefit as a correspondent banking client of Central Bank’s Bond Accounting and Safekeeping Area is our staff of professionals. We stand ready to meet your accounting and safekeeping needs. We are committed to creating value for your bank by providing wisdom and quality service. And we provide a high level of consistency to our correspondent bank clients.

Staff Bios
Click here to meet our correspondent banking professionals. If you are interested in establishing a correspondent banking relationship, please contact Leanne Kampeter at (573) 634-1166 or email leanne_kampeter@centralbank.net.