Cash Management

Efficient cash management 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 ACCOUNTS

More 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.

Basics
Minimum Opening Balance None
FDIC Insured Yes
Funds Access
Deposits Made by wire or at any Valley branch
Earns Interest Yes
Online Banking Access Yes, with VNBConnectPlus
Activity Download With Online Banking

To learn more about Escrow Account services, contact your Valley representative, stop in one of our conveniently located branches, call 800-522-4100, extension 3002 or request information.