Fraudulent Call Alert
A recent scam has been brought to our attention in which fraudsters call clients pretending to be First Interstate or Mastercard employees asking for their PIN or social security number. Do NOT share this information with anyone. Please note, neither First Interstate nor Mastercard will ever ask for this information over the phone. For questions, please call our Client Contact Center at 1-855-342-3400.
Escrow is a way of transferring or exchanging property or money using a neutral third party. Escrows are established to hold original documents, real estate deeds, titles to property, money, or securities until conditions are fulfilled and the items are released.
An escrow is beneficial to both parties as an independent third party will be holding the documents, processing all regular payments, maintaining an accounting of all transactions, and providing the required reporting.Escrow Agreement