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Get ready for the new Safekeeping CConnect

To improve our clients' experience, First Horizon Commercial Safekeeping is upgrading the current Safekeeping Online system to Safekeeping CConnect on Tuesday, September 2. The new platform has enhanced features, like the ability to see your account statements, which will now include asset market values.



Frequently Asked Questions

When does the technology upgrade take place?

 

Safekeeping will transition from the current technology over to the enhanced platform on Tuesday, September 2, 2025.

Will the Client Services team change?

 

No, your Client Services team will remain the same.

Will my account number change?

 

No, all Safekeeping account numbers will remain the same.

Will I receive a new user ID and password?

 

As we get closer to the launch date, we’ll send you an email with your new user ID, then a second email will come with your temporary password.

Will I still have online access to view my account statement?

 

Yes, you will still have online access. Safekeeping Online will remain available until March 2026 so you can review statements from August 2025 and earlier. Safekeeping CConnect will have statements for September 2025 and beyond.

Will my transactional fees change?

 

No, there will not be a change to transactional fees in relation to the technology upgrade.

Federal Reserve Bank Trades

In addition to the transition to Safekeeping CConnect, your delivery instructions will change for trading effective Tuesday, September 2, 2025. If the old delivery instructions are used on or after this date, it may result in failed trades or rejects. To avoid any issues, share the below information with the teams responsible for handling trade settlements.

Federal Reserve Bank Book Entry

 ABA Number:
 042000013
 FRB Mnemonic:  U.S. Bank, N.A., Trust
 Sub Account:  1050/TRUST
 Account:   001050985490 
 FFC:  11250 + End Client Account Number

 DTC Eligible Trades

DTC Book Entry:

 PARTICIPANT ID: 
 2039
 INSTITUTION ID (if SEI affirms):   45513
 ID AGENT:  94952
 ID AGENT ACCOUNT:  11250 
 INTERESTED PARTY ID:  52587 
 INTERESTED PARTY ID ACCOUNT NUMBER:  Firm Name's End Client Account Number

Instructions for when an External Manager will affirm the trade:

 PARTICIPANT ID: 
 2039
 INSTITUTION ID (if External Manager affirms):   External Manager's Institution ID
 ID AGENT:  94952 
 ID AGENT ACCOUNT:  11250 
 INTERESTED PARTY ID****:  52587
 INTERESTED PARTY ID ACCOUNT NUMBER****:  Firm Name's End Client Account Number

****REQUIRED FOR ACCOUNT ALLOCATION

 


Have questions? We’re here to help!

For assistance, reach out to our Client Services team at 901-523-4592, Monday through Friday, 7:30 a.m. – 4:00 p.m. CT.

First Horizon Bank. Member FDIC.