Bank Onboarding

Purpose of Banking Relationship

• Centralized treasury operations for affiliated family investment entities
• credit facility for capital deployment, operating expense, and vendor payments
• Intercompany cash concentration and project funding
• Vendor and payroll disbursement

All funds are corporate or affiliated entity capital. No public deposits or consumer funds are accepted.

Ownership & Structure

• 100% privately held by founder Hil Scott
• No retail customers
• No third-party payment or money transmission activities
• Funds segregated by project or purpose
• Solely serves affiliated entities

Treasury Structure

Service Type	Purpose
Partnership	Forming proprietary membership, relationship between private and public sectors
Administration	Corporate Trustee relationship for trust administration
Development	Contracting, planning, research, development, and underwriting
Treasury	Investment controlling and financial resources for community programs benefit
Banking	Bank clearing and cash positioning and management
Audits	Matching and comparing transaction records accurately.

Account Type	Purpose
HSC Credit Account	Fiduciary Compensation, Program and Project Prefunding
Master Clearing Account	Central Clearing hub for all incoming and outgoing funds
Operating Accounts	Daily transactions, automatically swept into Master Account
Restricted Project Accounts	Segregated capital for specific projects as needed

Bank Credit Facility

Source of Funds

• Capital contributions from owner and affiliated entities
• Investment returns and project revenues
• Contractually documented, traceable sources
• No consumer deposits or public funds

Expected Deposit & Balance Profile

Category	Range
Initial Deposit	$250,000 – $750,000
Average Monthly Balance	$1,500,000 – $4,000,000
Peak Balance	Up to $8,000,000
Volatility	Low – Moderate
Primary Funding Type	Corporate capital contributions

Expected Transaction Volume

ACH Activity (Monthly)

Type	Volume	Amount	Purpose
ACH Credits (Outbound)	20 – 60	$1,000 – $25,000	Vendor / operating expenses / project costs
ACH Debits (Inbound)	10 – 30	$1,000 – $25,000	Capital transfers / investment returns

Wire Transfers (Monthly)

Type	Volume	Amount	Purpose
Domestic Wires Outbound	5 – 15	$50,000 – $500,000	Investment / capital deployment
Domestic Wires Inbound	2 – 8	$50,000 – $500,000	Capital funding / project returns
Largest Expected Wire	–	Up to $1,500,000	Project or capital deployment

No international wires or high-risk transaction types anticipated.

Internal Development Controls (See Development)

• Dual authorization for all disbursements (Investor / Developer / Contractors)
• Segregation of duties in treasury operations (Chief Fiduciary or Financial Officer)
• Daily reconciliation with bank records (Custodian of Record or Board Secretary)
• Documented approval thresholds (Chief Compliance Officer)
• All counterparties subject to verified due diligence (Family Office Board)
• Prefunded payments with clear economic purpose (Third Party Committee)

Compliance & Risk Positioning

• Operationally straightforward, low-risk treasury activity
• Fully traceable capital sources
• Bank remains sole custodian of funds
• No MSB, crypto, or retail exposure
• Transparent audit trail for all payments

Relationship Objective

• Underwrite and preform professional program under oath
• Perform Accountability, Responsibility, Due Diligence and Audit Trails
• Establish long-term banking partnership
• Support stable treasury operations and internal transparent governance
• Classified data Integrity (Only share need to know information to non-affiliates)
• Utilize standard commercial treasury services: ACH, wires, cash concentration, fraud protection