Efficient Treasury Solutions services can help you manage cash flow, maximize investment income, deter fraud and simplify everyday tasks. Our dedicated professionals can work with you to develop a plan for your unique business model.
ESCROW ACCOUNTSMore Info & Help
Escrow Account - Valley's VNB Escrow Plus is a comprehensive system designed for Escrow Agents requiring efficient sub-accounting. VNB Escrow Plus offers flexible and convenient account opening, deposit, and closeout procedures, as well as a dedicated escrow services staff and online account access with VNBConnectPlus. Escrow Agents (attorneys, realtors, landlords, funeral homes, pre-paid services, etc.) receive a comprehensive monthly statement and detailed reports of account activity. At year-end, Valley prepares and mails 1099 forms directly to the client and handles all IRS reporting on the Escrow Agent's behalf.
|Minimum Opening Balance||None|
|Deposits||Made by wire or at any Valley branch|
|Online Banking Access||Yes, with VNBConnectPlus|
|Activity Download||With Online Banking|