Escrow Manager Accounts
Country Bank simplifies and streamlines escrow management, facilitates bookkeeping, provides effective reconciliation for managing client funds and information, and eases the burden and costs associated with regulatory compliance.
Other benefits include:
- Simplified escrow account opening and closing procedures.
- Consolidated statements for fast and easy reference.
- Reduction of costly paperwork.
Benefits of a Country Bank Escrow Account:
- Consolidated monthly statements for fast easy reference on all three components.
- Individual sub-accounts for each client.
- Country Bank provides 1099s on earned interest to your clients and makes all payments to the IOLA Fund.
- Transfers from sub-accounts can be made conveniently by phone or fax.