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In the United States and Canada, a medallion signature guarantee is a special signature guarantee for the transfer of securities. It is a guarantee by the transferring financial institution that the signature is genuine and the financial institution accepts liability for any forgery. Signature guarantees protect shareholders by preventing unauthorized transfers and possible investor losses.
I have just had a Medallion Signature Guarantee at my Key Bank branch in Stone Ridge NY - so I guess this means, yes Key Bank does provide the Medallion signature guarentee. Making the world better, one answer at a time. There are numerous locations that participate in the program but typically you have to be a bank customer to acquire a medallion guaranteed signature. One exception is Bank of America.