Summit Credit Union
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Summit Credit Union offers FREE Notary Public and Medallion stamp services to our members.

We will have a Notary Public available to assist you during normal business hours.

A North Carolina Notary Public may:

Take and certify the acknowledgment or proof of the execution or signing of any instrument or writing;

Take affidavits and depositions;

Administer oaths and affirmations, including oaths of office, except when this power is expressly assigned to some other public officer;

Protest for nonacceptance or nonpayment notes, bills of exchange, and other negotiable instruments; and

Perform such acts as the law of the United States, another state, a territory, or a foreign country may require of a notary public for the purposes of that jurisdiction.

What is a Notary of Public:  Notaries public are officials of state government who perform certain tasks to facilitate certain types of transactions. Among these is the taking of acknowledgments, which are statements that a person has signed a document as his/her/its free act and deed (not coerced). Part of the process is verifying the identity of the signer.

What is a Medallion Signature Guarantee: The signature guarantee program involves securities and securities accounts. Transfers and securities instructions requiring owners' signatures must have those signatures guaranteed by a bank, credit union or broker. The guarantee is backed up by an insurance policy. The program protects issuers and others from losses as a result of fraudulent securities transfers.

 

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