Escrow Manager
Designed for organizations, businesses, or individuals who serve as escrow agents, such as real estate and title companies, attorneys, accountants, property managers, and funeral home directors. Using one master account linked to multiple sub-accounts, this account features:
- One consolidated statement each month, broken down by account.
- A competitive rate, tied to a Revere Bank Business Money Market account.
- No monthly maintenance fee or per-item charges. Easy access to the master account for check writing (disbursement) purposes.
- Simplified recordkeeping, tracking, and tax reporting.
- Interest directed to each sub-account.
- Consecutively numbered sub-accounts.