Tru Treasury's (TSM) is a fully compliant, turnkey solution using sweep accounts and overnight Repurchase Agreements. This industry-leading software allows your credit union to minimize risk, secure your most valuable high-balance members by fully protecting their account deposits in excess of the NCUA limits, and keep those funds on your balance sheet.
A Windows-based software application that quickly and accurately allocates collateral to sweep balances for each member and generates the required daily confirmation notices as a part of end-of-day processing
Secure automatic email member confirmations
Automatic archiving of confirmation notices to satisfy the 6-year retention requirement
Automatic daily emails to your collateral custodian of the information necessary to ensure continuous perfection
Automatic creation and delivery of NCUA-required confirmation, annual disclosures, and other notices