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Amalgamated Bank Escrow Service

With an Amalgamated Bank Escrow Account our clients can combine an unlimited number of individual escrow accounts as sub-accounts under a single Master Account. Amalgamated Bank offers investment options that meet the unique needs of escrow arrangements

  • Consolidated Records
  • Reduced administrative burden
  • Audit trail
  • Security of funds
  • Complete IRS reporting
  • Sub-accounts invested as bank deposits are FDIC insured up to the legal limit
  • Comprehensive statements detailing all account activity
  • Low minimum balance requirements
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