# BNY (Bank of New York) Investment custodian to the Arkansas Public Employees Retirement System and to the State Treasurer of Arkansas (the latter holds the State Treasurer's-office Israel Bonds positions). The 7/2/2025 sample-statement coordination call established BNY as the planned custodian for APERS Israel Bonds. Boston Asset Services office. The BNY corporate brand is post-2024 simplified from "BNY Mellon" to "BNY"; the firm operates as Bank of New York Mellon Corporation with subsidiaries Mellon Investments Corporation (MIC), BNY Mellon Securities Corporation (BNYMSC), and The Bank of New York Mellon (the Bank). BNY also distributes BNY Mellon mutual funds and BNY Mellon ETFs. BNY-side APERS contacts documented in the production: - **Brian Shea** — Client Experience – Asset Owner – Service Director, Asset Services. [email protected]. Phone W 617-382-2505 (Boston). Brian Shea raised the operational follow-up questions on 7/2/2025 9:43 AM after the 6/30/2025 sample-statement Teams call: "Do you provide term sheets for the new issues? They advised the examples that you provided were market cusips that we currently have set-up. They want to be able to use the market cusips where possible." - **Christopher Igo** — BNY ([email protected]). Recipient of the 6/30/2025 1:31 PM Bill Mulvey sample-statement transmission for Arkansas State Treasurer. - **Lisa Onuska** — Mellon Investments Corporation / BNY Mellon Securities Corporation. [email protected]. Sender of the quarterly proxy voting reports for APERS and AJRS BNYM Mellon DB SL/NSL fund accounts (the 1/15/2025 Q4 2024 proxy reports email at E80 covers 7 BNYM Mellon DB SL/NSL fund accounts: Account # 303805 AJRS Large Cap Growth Stock Index Fund, Account # 1004057 AJRS ACWI ex-U.S. Fund, Account # 965696 APERS Stock Index Fund, Account # 245868 APERS REIT Index Fund, Account # 861113 APERS Large Cap Growth Stock Index Fund, Account # 965695 APERS ACWI ex-U.S. Fund, Account # 932989 APERS Large Cap Value Stock Index Fund). - **Todd E. Bailey** — BNY (cc on quarterly proxy reports). BNY holds APERS's BNYM Mellon DB SL (securities lending) and DB NSL (non-securities lending) commingled fund accounts. The proxy reports comply with Arkansas State Code §24-2-805 voted-solely-in-the-pecuniary-interest standard — the same statutory provision that grounds the ATRS Egan-Jones proxy services contract documented at [[egan-jones-proxy-services]]. BNY's role in the APERS Israel Bonds purchase is custodial. The 6/30/2025 BNY/Mulvey/Borromeo Teams call planned the back-office mechanics: accounting, delivery, maturity, coupon payments. BNY will hold the APERS Israel Bonds positions in book entry or certificate form (the Bill Mulvey sample statement showed both formats). The CUSIP set DCI used in the sample (46514X2P3, 46514X3P2, etc.) is the same CUSIP set as the State Treasurer's existing positions, which BNY also custodies. ## Evidence > "I had a couple of follow-up questions from the accounting team. Do you provide term sheets for the new issues? They advised the examples that you provided were market cusips that we currently have set-up. They want to be able to use the market cusips where possible. They also wanted to confirm that page 3 was the current holdings for the client and that shares would be the same as the cash value as the statement only shows cash." > Brian Shea (BNY) to Bill Mulvey (DCI) and Carlos Borromeo, IB_FOIA_JUL_25_Reviewed.pdf p.26, 7/2/2025 9:43 AM > "Brian Shea / Client Experience – Asset Owner – Service Director / Asset Services - BNY / W 617-382-2505 / E [email protected] | www.bny.com" > Brian Shea email signature, IB_FOIA_JUL_25_Reviewed.pdf p.26 > "Notice: We've simplified our company umbrella brand to BNY. While we're making updates to our channels to reflect this change, you may still see emails from bnymellon.com." > BNY footer, IB_FOIA_JUL_25_Reviewed.pdf p.27 ## Cross-References [[carlos-borromeo]] [[usha-doolabh]] APERS investment team coordinating Israel Bonds back-office structure with BNY [[bill-mulvey]] DCI VP Operations who provided the sample statement to BNY [[lawrence-berman]] [[brad-young]] DCI representatives cc'd on the sample-statement coordination [[apers-israel-bonds-authorization]] [[apers-foia-r1-7-7-25]] concept and source pages