How to Start Community Investing
Step One
Registration
Each participant must register as an investor with HSC to eligible to invest in community investment offers within their state and district area.
The registration includes:
- Investors must open a FBO account with HSC banking partners and
- deposit minimum $35 monthly investment for custody, investment programming, training and development.
- Investment may be pledged via Check or Credit. “No Cash.”
- If investment is not pledged when due, the following account will be suspended, which all investment account ROI benefit will be voided.
Requirements:
All account holders must:
- Have a government issued ID or driving license
- Live in the state in where the investment is offered
- Be the age 18 or older (17 to 10 under guardianship.)
As part of HSC’s Fund administration all investors will have to agree to a Deposit Account Control Agreement DACA for representation of an external and bank accountability, management, and reconciliation.
Step Two
Administration
After registering a new account holder will schedule an appointment with a HSC Administrator to complete a non advisory investment disclaimer and education.
Members will also be instructed to read a review HSC policies and procurement for investment custody and cash management.
Step Three
Stakeholder Agreement
After finalization of membership documents all new investors will complete a stock or bond agreement for stake within a Community Investment Program.
Note: Stock can be bought and sold on margin using surety from an investment guarantors.
– Margin
A margin participants must have the following:
- An asset or equity that can leverage investment
- Willingness to be an individual surety
- Minimum qualified household income of $25,000 annually
- Consent to regular dividends coupons from community investment income.
Note: Additional third-party underwriting and appraisal fees for this service may apply. Fees are invoiced to each member participants and can be paid in full upon receipt or financed with each invoice on an agreed schedule.
Step Four
Investment Certificate
After Stakeholder agreement is approved and verified, an administrators will issue digital investment certificates with legend to investors. Investors will sign a Book Entry Digital Securities Deposit Agreement for secured digital certificates storage. The digital certificates will be coined or tokenized and stored with the HSC Treasury Bank Portal
Step Five
Currency Exchange
After community investment performance and maturity all account holders will begin to receive cash dividend and ROI as cash exchange in the country’s currency. Funds will be sent from HSC corporate treasury bank to it settlement bank for members expenses or dividends within community investment programs and entities.
Step Six
Dividends and Audits
After investment settlement investor will begin receiving regular reports, financial statement for transparency and audit trails. Investors will have the option work together with an investment administrators for reinvestment planning and proposals for future investment programs.
