About Us
Hill Scott Corporation is a Community Investment Authority that operates as a local government securities depository and clearing agency.
Key Functions: It offers underwriting, custody, liquidity and funding using corporate treasury bank technology for Community Investment Programs.
Our Authority
HSC is a public–private partnerships driven corporate authority that’s established to manage family community investment funds. HSC is controlled by our internal proprietary electoral bodies, which focuses on financing initiatives, while it maintains the independence necessary to deliver effective results for its shareholders.
Solutions
HSC Offer 6 innovative service for Community Investment Authority services
- Partnership – Public Private Partnerships between investors
- Administration – Fiduciary auxiliary contracting
- Development – investment planning and underwriting
- Treasuries – Securities depository, clearing and settlement
- Banking – Master Trust and FBO bank accounts
- Audit Trails – Account reconciliation, recording, and reporting
Community Investments Treasuries
Local investment securitization for community programs for disadvantaged areas through securities depository, compliance clearing and bank deposit services that relates to “Community Reinvestment Account CRA”
Key Incentive: Provides credit incentives to treasuries and banks based on a range of regulatory tasks and procurements related to the delivery of community investment accounts
Treasury Bank Portal
HSC provides online private underwriting portal that support community priorities. Local business owners can collaborate with HSC to achieve community projects funding goals so that disadvantaged area can flourish.
Treasury Deposit Account
A Treasury Deposit Account TDA is a “Trust Bank Account” that is linked to HSC’s Treasury Bank Portal. Its primary purpose is to optimize CIT by automatically transferring — or “sweeping” — them into a FBO Community investment Account held with banking partners.
Community Investments Accounts
Community Investment accounts are “FBO Bank account” as DDA that gives residents an opportunity to invest money, time, or resources within HSC community investment treasuries; with the expectation of gaining a return or benefit, such as investing in stocks or real estate.
Type of Account:
Resident can begin investing by electing to receive benefit for Community Investment Program or Entity and HSC as their community investment authority and its administrator as their community investment fund managers..
Bank Benefit
HSC provides investment products and services that support qualified community activities that complement the Community Re-Investment Act (CRA) with the following benefits:
- Large Deposits -Increases bank’s reserves infrastructure (Min $250,000 deposit)
- Upfront Settlement Fee– securities face value paid on sweep.
- New Fee-Based Revenue – Turning “deposit accounts” into recurring revenue charge
- Parallel risk factors AML monitoring, and liquidity forecasting.
- P2P L2L cash deposit and credit transfer no ACH Returns
Compliance & Risk Management
- Due Diligence: HSC conducts comprehensive background investigations and risk screening on all participants, developers, and vendors.
- Compliance Data Access: bank receives read-only access to relevant compliance and transaction data via API for oversight and audit readiness.
- AML/KYC MSB and Sanctions: Maintain compliance under the Bank Secrecy Act (BSA), FinCEN, and OFAC requirements, with internal periodic audits
- Source of Funds and Proof – Direct access to corporate treasury ledger for direct ledger monitoring.
