Escrow Management
Manage multiple escrow accounts through a single, master account and save time associated with management and reporting.
Manage multiple escrow accounts through a single, master account and save time associated with management and reporting.
Trade the chore of keeping track of all those individual escrow accounts for one simple, reliable online system that prepares year-end 1099 forms and mails them directly to an unlimited number of sub-account holders. Just maintain a master online escrow account and a separate business checking account for disbursements.
Escrow Management from FNB will provide comprehensive monthly statements summarizing activity in master account and detailed activity for each sub-account.
Say goodbye to the time-consuming management of individual escrow accounts.
Our Escrow Management system provides effortless reconcilement of your client's escrowed funds. You maintain a master escrow account and a separate business checking account for funds disbursement. We'll do the busy work establishing and tracking sub-accounts for each of your clients. We will send you a comprehensive monthly statement summarizing the activity in the master account, detailing activity for each sub-account.
At the end of the year, you will automatically receive reporting prepared for you and mailed directly to your client.
Clean. Comprehensive. Efficient.
Simple, reliable online system
Comprehensive monthly summary
Time-saving management of accounts
Year-end 1099 form preparation
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