Get specialized services for your publicly held company.
Your company can better manage your shareholder related functions with our specialized services. We’ll work with you to better understand your specific needs. We believe that there are no one-size-fits-all solutions and will customize a service program to your business goals.
Direct Registration Services (DRS)
Bring the advantages of book-entry shareholding to your registered shareholders. Direct Registration is an efficient and secure way to let shares be owned, recorded, and transferred electronically. T+2 and dematerialization have eliminated physical stock certificates. DRS adds convenience and versatility for your shareholders.
Exchange Agent/Paying Agent
Make times of mergers and acquisitions a little simpler. We’ll work with your legal department to help prepare and mail Letters of Transmittal and other necessary documents. We can collect the old stock certificates and issue new book entry shares or cash proceeds according to the terms of the merger, keeping up with IRS reporting along the way. Escrow agent services are also available.
Cash Dividends, Stock Dividends, and Stock Splits
We easily process, mail, and report your cash dividends, stock dividends, and splits. Direct deposit and full or partial dividend reinvestment are valuable options for your shareholders.
Give your shareholders more convenient access to information through online services. Shareholders can view a summary of their account, scan their dividend payment or reinvestment history, examine certificate detail, obtain 1099 tax history, print forms, vote by proxy, and even change their address online.
Additional Transfer Agent Services
- Keep detailed shareholder records
- Issue book entry shares and statements
- Distribute dividend payments
- Process reinvestment plans
- Distribute annual meeting material
- Tabulate proxy votes
- Provide annual IRS reporting
- Escheat abandoned property according to state laws
- Monitor Office of Foreign Assets Control (OFAC) regulations
Why choose Park National Bank Shareholder Services?
We utilize the skill and expertise of TRAN*STAR software, the premier leader in stock transfer and bond services. This enables us to provide you with customized, full-scale service at competitive prices.
Personal Service Oriented
Our main goal is to help your business meet—or exceed—your shareholder obligations. Our trained professionals will work with you to design a service program unique to your company’s needs.
Easy to Switch
We make changing transfer agents simple. We have significant experience converting shareholder records from various processing systems, providing a quick and truly seamless transition.
The Park National Bank Shareholder Services is registered pursuant to the Securities Exchange Act of 1934 to perform all stock transfer-related services.